509 PARK PLACE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $739,755 and $944,778, with a best estimate of $877,766. That places the property above the I410600C - Gabriel's Overlook median of $818,008, in a neighborhood that appreciated 3.4% over the past year.
Estimated Value Range
$877,766
$782,091
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I410600C - Gabriel's Overlook, this home's estimated market value is between $739,755 and $944,778. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$5,660 for 19 sqft less living space and -$79,495 for being older. Net adjustment: -$85,155.
Adjusted +$64,349 for 216 sqft more living space. Net adjustment: +$64,349.
Adjusted +$87,587 for 294 sqft more living space and -$95,395 for being older. Net adjustment: -$7,808.
Adjusted +$234,756 for 788 sqft more living space and -$190,789 for being older. Net adjustment: +$43,967.
Adjusted +$99,503 for 334 sqft more living space and +$15,899 for being newer. Net adjustment: +$115,402.
The Neighborhood
This home is valued 4.4% below the I410600C - Gabriel's Overlook median of $818,008. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.4% over the past year.
I410600C - Gabriel's Overlook
typicalThis home is -4.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,508 across all districts. With a homestead exemption claimed, that drops to $11,629 — saving $1,879 per year. That's $969 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $9,689 |
| Williamson County | County | 0.3694% | $2,889 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $583 |
| Williamson County FM/Rd | County | 0.0443% | $347 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $13,508 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $877,766 would pay approximately $5,479 per month (principal and interest only, excluding taxes and insurance).