218 PARK PLACE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $638,028 and $936,777, with a best estimate of $754,359. That places the property below the I410600C - Gabriel's Overlook median of $818,008, in a neighborhood that appreciated 3.4% over the past year.
Estimated Value Range
$754,359
$596,370
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I410600C - Gabriel's Overlook, this home's estimated market value is between $638,028 and $936,777. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$114,101 for 383 sqft more living space and +$15,899 for being newer. Net adjustment: +$130,000.
Adjusted +$83,416 for 280 sqft more living space and +$31,798 for being newer. Net adjustment: +$115,214.
Adjusted -$70,606 for 237 sqft less living space. Net adjustment: -$70,606.
Adjusted -$63,158 for 212 sqft less living space and -$47,697 for being older. Net adjustment: -$110,855.
Adjusted -$149,255 for 501 sqft less living space and +$15,899 for being newer. Net adjustment: -$133,356.
The Neighborhood
This home is valued 27.1% below the I410600C - Gabriel's Overlook median of $818,008. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.4% over the past year.
I410600C - Gabriel's Overlook
below averageThis home is -27.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,300 across all districts. With a homestead exemption claimed, that drops to $8,456 — saving $1,844 per year. That's $705 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $7,388 |
| Williamson County | County | 0.3694% | $2,203 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $444 |
| Williamson County FM/Rd | County | 0.0443% | $264 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $10,300 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $754,359 would pay approximately $4,709 per month (principal and interest only, excluding taxes and insurance).