228 LOCKHART LOOP, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $422,065 and $526,491, with a best estimate of $457,099. That places the property below the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$457,099
$634,796
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L498610C - PARKSIDE AT MAYFIELD RANCH, this home's estimated market value is between $422,065 and $526,491. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$56,098 for 208 sqft less living space. Net adjustment: -$56,098.
Adjusted -$178,542 for 662 sqft less living space. Net adjustment: -$178,542.
Adjusted -$51,513 for 191 sqft less living space and +$3,186 for being newer. Net adjustment: -$48,327.
Adjusted -$159,124 for 590 sqft less living space. Net adjustment: -$159,124.
Adjusted -$92,508 for 343 sqft less living space and +$3,186 for being newer. Net adjustment: -$89,322.
The Neighborhood
This home is valued 11.9% above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. With 936 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is +11.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,321 across all districts. With a homestead exemption claimed, that drops to $11,682 — saving $1,639 per year. That's $974 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,900 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,396 |
| Williamson County | County | 0.3694% | $2,345 |
| Austin Community College | special | 0.1034% | $656 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $634 |
| Williamson County FM/Rd | County | 0.0443% | $281 |
| Upper Brushy Creek WCID | Water | 0.0170% | $108 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $13,321 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $457,099 would pay approximately $2,853 per month (principal and interest only, excluding taxes and insurance).