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229 GALVESTON ISLAND LN, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath2,435 sqftBuilt 2016

Property at a Glance

This home is estimated between $479,755 and $534,001, with a best estimate of $491,397. That places the property below the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.

Estimated Value Range

$479,755 $534,001
Best Estimate
$491,397
WCAD Value
$497,203
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L498610C - PARKSIDE AT MAYFIELD RANCH. The estimated range of $479,755 and $534,001 should be treated as a rough guide.

Comparable Properties (5)

3 bed 2 bath 2,228 sqft Built 2015
Raw Value $474,987
Adjusted Value $534,001

Adjusted +$55,828 for 207 sqft more living space and +$3,186 for being newer. Net adjustment: +$59,014.

3 bed 2,410 sqft Built 2021
Raw Value $488,940
Adjusted Value $479,755

Adjusted +$6,743 for 25 sqft more living space and -$15,928 for being older. Net adjustment: -$9,185.

3 bed 2,449 sqft Built 2021
Raw Value $511,101
Adjusted Value $491,397

Adjusted -$3,776 for 14 sqft less living space and -$15,928 for being older. Net adjustment: -$19,704.

3 bed 2 bath 2,324 sqft Built 2018
Raw Value $507,216
Adjusted Value $530,782

Adjusted +$29,937 for 111 sqft more living space and -$6,371 for being older. Net adjustment: +$23,566.

3 bed 2 bath 2,592 sqft Built 2018
Raw Value $533,592
Adjusted Value $484,878

Adjusted -$42,343 for 157 sqft less living space and -$6,371 for being older. Net adjustment: -$48,714.

The Neighborhood

This home is valued 12.4% below the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.9% over the past year.

L498610C - PARKSIDE AT MAYFIELD RANCH

typical
936 Properties
$567,434 Median Value
-5.9% YoY Change
0% Have Pool
100% Have Garage
This Home
$497,203
Median
$567,434

This home is -12.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $10,434 across all districts. With a homestead exemption claimed, that drops to $8,820 — saving $1,614 per year. That's $735 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$5,404
Parkside at Mayfield Ranch MUDMUD0.3775%$1,877
Williamson CountyCounty0.3694%$1,837
Austin Community Collegespecial0.1034%$514
Williamson County ESD #9 - Round RockESD0.0999%$497
Williamson County FM/RdCounty0.0443%$220
Upper Brushy Creek WCIDWater0.0170%$85
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.0985%$10,434

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $491,397 would pay approximately $3,067 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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