117 LAKE MINERAL WELLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $698,370 and $945,287, with a best estimate of $803,051. 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
$803,051
$623,534
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 $698,370 and $945,287. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$45,849 for 170 sqft more living space and +$6,371 for being newer. Net adjustment: +$52,220.
Adjusted +$147,527 for 547 sqft more living space and +$3,186 for being newer. Net adjustment: +$150,713.
Adjusted +$125,142 for 464 sqft more living space and +$3,186 for being newer. Net adjustment: +$128,328.
Adjusted +$182,049 for 675 sqft more living space and +$3,186 for being newer. Net adjustment: +$185,235.
Adjusted +$233,831 for 867 sqft more living space. Net adjustment: +$233,831.
The Neighborhood
This home is valued 9.9% 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 +9.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,085 across all districts. With a homestead exemption claimed, that drops to $11,448 — saving $1,637 per year. That's $954 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% | $6,777 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,354 |
| Williamson County | County | 0.3694% | $2,304 |
| Austin Community College | special | 0.1034% | $645 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $623 |
| Williamson County FM/Rd | County | 0.0443% | $276 |
| Upper Brushy Creek WCID | Water | 0.0170% | $106 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $13,085 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $803,051 would pay approximately $5,013 per month (principal and interest only, excluding taxes and insurance).