1117 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $388,174 and $442,818, with a best estimate of $438,396. That places the property below the L131721C - PARKSIDE ON THE RIVER median of $543,580, in a neighborhood that appreciated 55.0% over the past year.
Estimated Value Range
$438,396
$402,849
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131721C - PARKSIDE ON THE RIVER, this home's estimated market value is between $388,174 and $442,818. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$88,328 for 347 sqft less living space. Net adjustment: -$88,328.
Adjusted -$60,328 for 237 sqft less living space. Net adjustment: -$60,328.
Adjusted +$73,819 for 290 sqft more living space and +$3,150 for being newer. Net adjustment: +$76,969.
Adjusted +$764 for 3 sqft more living space and +$3,150 for being newer. Net adjustment: +$3,914.
Adjusted -$43,528 for 171 sqft less living space and +$3,150 for being newer. Net adjustment: -$40,378.
The Neighborhood
This home is valued 25.9% below the L131721C - PARKSIDE ON THE RIVER median of $543,580. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 55.0% over the past year.
L131721C - PARKSIDE ON THE RIVER
below averageThis home is -25.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,973 across all districts. With a homestead exemption claimed, that drops to $8,428 — saving $1,545 per year. That's $702 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 |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,232 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $3,706 |
| Williamson County | County | 0.3694% | $1,488 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $367 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $9,973 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $438,396 would pay approximately $2,736 per month (principal and interest only, excluding taxes and insurance).