225 FORT RICHARDSON DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $409,525 and $806,675, with a best estimate of $697,403. That places the property above the L499513B - Parkside at Mayfield Ranch - Highland median of $696,375, in a neighborhood that declined 11.7% over the past year.
Estimated Value Range
$697,403
$734,412
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L499513B - Parkside at Mayfield Ranch - Highland, this home's estimated market value is between $409,525 and $806,675. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$183,632 for 661 sqft less living space. Net adjustment: -$183,632.
Adjusted -$11,112 for 40 sqft less living space. Net adjustment: -$11,112.
Adjusted -$112,235 for 404 sqft less living space and +$5,697 for being newer. Net adjustment: -$106,538.
Adjusted -$53,339 for 192 sqft less living space. Net adjustment: -$53,339.
Adjusted -$212,246 for 764 sqft less living space and +$8,546 for being newer. Net adjustment: -$203,700.
The Neighborhood
This home is valued 5.5% above the L499513B - Parkside at Mayfield Ranch - Highland median of $696,375. With 176 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 11.7% over the past year.
L499513B - Parkside at Mayfield Ranch - Highland
typicalThis home is +5.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,412 across all districts. With a homestead exemption claimed, that drops to $13,754 — saving $1,658 per year. That's $1,146 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% | $7,982 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,772 |
| Williamson County | County | 0.3694% | $2,713 |
| Austin Community College | special | 0.1034% | $759 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $734 |
| Williamson County FM/Rd | County | 0.0443% | $326 |
| Upper Brushy Creek WCID | Water | 0.0170% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $15,412 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $697,403 would pay approximately $4,353 per month (principal and interest only, excluding taxes and insurance).