108 LAKE MINERAL WELLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $329,899 and $669,031, with a best estimate of $646,550. 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
$646,550
$626,478
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 $329,899 and $669,031. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$42,343 for 157 sqft more living space and +$3,186 for being newer. Net adjustment: +$45,529.
Adjusted -$96,014 for 356 sqft less living space and +$6,371 for being newer. Net adjustment: -$89,643.
Adjusted +$40,455 for 150 sqft more living space. Net adjustment: +$40,455.
Adjusted +$270 for 1 sqft more living space. Net adjustment: +$270.
Adjusted -$330,654 for 1,226 sqft less living space and +$9,557 for being newer. Net adjustment: -$321,097.
The Neighborhood
This home is valued 10.4% 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 +10.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,147 across all districts. With a homestead exemption claimed, that drops to $11,509 — saving $1,638 per year. That's $959 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% | $6,809 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,365 |
| Williamson County | County | 0.3694% | $2,315 |
| Austin Community College | special | 0.1034% | $648 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $626 |
| Williamson County FM/Rd | County | 0.0443% | $278 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $13,147 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $646,550 would pay approximately $4,036 per month (principal and interest only, excluding taxes and insurance).