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503 PARKWAY ST, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath1,842 sqftBuilt 1965

Property at a Glance

This home is estimated between $260,942 and $386,430, with a best estimate of $305,996. That places the property below the G175468G - COUNTRY CLUB ACRES AND CRESTVIEW median of $320,878, in a neighborhood that declined 3.4% over the past year.

Estimated Value Range

$260,942 $386,430
Best Estimate
$305,996
WCAD Value
$385,558
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in G175468G - COUNTRY CLUB ACRES AND CRESTVIEW, this home's estimated market value is between $260,942 and $386,430. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

605 PARKWAY ST, GEORGETOWN, TX 78628
0.05 mi 100% similar Same subdivision
3 bed 2 bath 1,463 sqft Built 1972
Raw Value $295,948
Adjusted Value $362,719

Adjusted +$78,170 for 379 sqft more living space and -$11,399 for being older. Net adjustment: +$66,771.

1615 OAK LN, GEORGETOWN, TX 78628
0.05 mi 100% similar Same subdivision
3 bed 2 bath 1,670 sqft Built 1965
Raw Value $270,520
Adjusted Value $305,996

Adjusted +$35,476 for 172 sqft more living space. Net adjustment: +$35,476.

1617 MESQUITE LN, GEORGETOWN, TX 78628
0.06 mi 100% similar Same subdivision
3 bed 2 bath 1,670 sqft Built 1970
Raw Value $272,562
Adjusted Value $299,896

Adjusted +$35,476 for 172 sqft more living space and -$8,142 for being older. Net adjustment: +$27,334.

1613 OAK LN, GEORGETOWN, TX 78628
0.07 mi 100% similar Same subdivision
3 bed 2 bath 1,458 sqft Built 1961
Raw Value $300,715
Adjusted Value $386,430

Adjusted +$79,201 for 384 sqft more living space and +$6,514 for being newer. Net adjustment: +$85,715.

1613 MESQUITE LN, GEORGETOWN, TX 78628
0.09 mi 100% similar Same subdivision
3 bed 2 bath 1,771 sqft Built 1968
Raw Value $273,455
Adjusted Value $260,942

Adjusted +$14,644 for 71 sqft more living space and -$4,885 for being older and -$22,272 for no pool. Net adjustment: -$12,513.

The Neighborhood

This home is valued 20.2% above the G175468G - COUNTRY CLUB ACRES AND CRESTVIEW median of $320,878. With 219 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.

G175468G - COUNTRY CLUB ACRES AND CRESTVIEW

above average
219 Properties
$320,878 Median Value
-3.4% YoY Change
6% Have Pool
77% Have Garage
This Home
$385,558
Median
$320,878

This home is +20.2% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,007 across all districts. With a homestead exemption claimed, that drops to $5,397 — saving $1,610 per year. That's $450 per month a buyer should budget. The assessed value increased +5.1% vs the subdivision average of -3.4%. This above-average increase gives a protest opportunity score of 48 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$4,051
Williamson CountyCounty0.3694%$1,424
GeorgetownCity0.3530%$1,361
Williamson County FM/RdCounty0.0443%$171
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$7,007
48 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $305,996 would pay approximately $1,910 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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