2902 PARKER DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $299,866 and $357,511, with a best estimate of $316,444. That places the property below the G191592F - River Bend Units 1.2,3, & 5 median of $445,517, in a neighborhood that appreciated 9.6% over the past year.
Estimated Value Range
$316,444
$335,077
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G191592F - River Bend Units 1.2,3, & 5, this home's estimated market value is between $299,866 and $357,511. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$45,053 for 198 sqft less living space and +$1,126 for being newer. Net adjustment: -$43,927.
Adjusted +$31,401 for 138 sqft more living space and +$1,126 for being newer. Net adjustment: +$32,527.
Adjusted -$117,184 for 515 sqft less living space and +$3,378 for being newer and -$2,956 for no pool. Net adjustment: -$116,762.
Adjusted -$90,789 for 399 sqft less living space and +$1,126 for being newer. Net adjustment: -$89,663.
Adjusted -$104,669 for 460 sqft less living space and +$2,252 for being newer. Net adjustment: -$102,417.
The Neighborhood
This home is valued 24.8% below the G191592F - River Bend Units 1.2,3, & 5 median of $445,517. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 9.6% over the past year.
G191592F - River Bend Units 1.2,3, & 5
below averageThis home is -24.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,964 across all districts. With a homestead exemption claimed, that drops to $4,375 — saving $1,589 per year. That's $365 per month a buyer should budget. The assessed value increased +12.3% vs the subdivision average of +9.6%. This above-average increase gives a protest opportunity score of 39 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,448 |
| Williamson County | County | 0.3694% | $1,212 |
| Georgetown | City | 0.3530% | $1,159 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,964 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $316,444 would pay approximately $1,975 per month (principal and interest only, excluding taxes and insurance).