516 PARK PLACE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $860,544 and $1,215,095, with a best estimate of $958,549. 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
$958,549
$1,045,362
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 $860,544 and $1,215,095. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$115,591 for 388 sqft more living space and +$95,395 for being newer. Net adjustment: +$210,986.
Adjusted -$126,316 for 424 sqft less living space and +$143,092 for being newer. Net adjustment: +$16,776.
Adjusted +$32,771 for 110 sqft more living space. Net adjustment: +$32,771.
Adjusted +$64,945 for 218 sqft more living space and +$111,294 for being newer. Net adjustment: +$176,239.
Adjusted -$57,497 for 193 sqft less living space and +$190,789 for being newer. Net adjustment: +$133,292.
The Neighborhood
This home is valued 27.8% above the I410600C - Gabriel's Overlook median of $818,008. With 304 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 3.4% over the past year.
I410600C - Gabriel's Overlook
above averageThis home is +27.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,622 across all districts. With a homestead exemption claimed, that drops to $15,699 — saving $1,923 per year. That's $1,308 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% | $12,640 |
| Williamson County | County | 0.3694% | $3,769 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $760 |
| Williamson County FM/Rd | County | 0.0443% | $452 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $17,622 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $958,549 would pay approximately $5,983 per month (principal and interest only, excluding taxes and insurance).