125 LAKE MINERAL WELLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $495,206 and $830,811, with a best estimate of $756,940. That places the property above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$756,940
$628,629
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L498610C - PARKSIDE AT MAYFIELD RANCH, this home's estimated market value is between $495,206 and $830,811. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,385 for 83 sqft more living space. Net adjustment: +$22,385.
Adjusted +$235,989 for 875 sqft more living space. Net adjustment: +$235,989.
Adjusted +$56,907 for 211 sqft more living space. Net adjustment: +$56,907.
Adjusted +$108,690 for 403 sqft more living space and -$3,186 for being older. Net adjustment: +$105,504.
Adjusted -$125,142 for 464 sqft less living space and -$3,186 for being older. Net adjustment: -$128,328.
The Neighborhood
This home is valued 10.8% above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. With 936 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is +10.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,192 across all districts. With a homestead exemption claimed, that drops to $11,554 — saving $1,638 per year. That's $963 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% | $6,833 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,373 |
| Williamson County | County | 0.3694% | $2,322 |
| Austin Community College | special | 0.1034% | $650 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $628 |
| Williamson County FM/Rd | County | 0.0443% | $279 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $13,192 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $756,940 would pay approximately $4,725 per month (principal and interest only, excluding taxes and insurance).