1101 FESTIVAL ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $295,680 and $718,315, with a best estimate of $656,028. That places the property above the L130822C - PARKSIDE PENINSULA median of $596,845, in a neighborhood that appreciated 61.8% over the past year.
Estimated Value Range
$656,028
$576,844
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L130822C - PARKSIDE PENINSULA. The estimated range of $295,680 and $718,315 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$333,153 for 1,022 sqft less living space. Net adjustment: -$333,153.
Adjusted -$367,382 for 1,127 sqft less living space and -$49,958 for being older. Net adjustment: -$417,340.
Adjusted +$326 for 1 sqft more living space and -$37,468 for being older. Net adjustment: -$37,142.
Adjusted +$316,528 for 971 sqft more living space and -$124,895 for being older. Net adjustment: +$191,633.
Adjusted +$346,519 for 1,063 sqft more living space and -$124,895 for being older. Net adjustment: +$221,624.
The Neighborhood
This home is valued 3.4% below the L130822C - PARKSIDE PENINSULA median of $596,845. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 61.8% over the past year.
L130822C - PARKSIDE PENINSULA
typicalThis home is -3.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $15,184 across all districts. With a homestead exemption claimed, that drops to $13,556 — saving $1,628 per year. That's $1,130 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% | $6,270 |
| Williamson County MUD #25 | MUD | 0.9200% | $5,307 |
| Williamson County | County | 0.3694% | $2,131 |
| Austin Community College | special | 0.1034% | $596 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $526 |
| Williamson County FM/Rd | County | 0.0443% | $256 |
| Upper Brushy Creek WCID | Water | 0.0170% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6323% | $15,184 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $656,028 would pay approximately $4,095 per month (principal and interest only, excluding taxes and insurance).