1405 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $592,968 and $752,379, with a best estimate of $714,623. That places the property below the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226, in a neighborhood that appreciated 121.5% over the past year.
Estimated Value Range
$714,623
$772,683
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE, this home's estimated market value is between $592,968 and $752,379. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$37,367 for 117 sqft less living space. Net adjustment: -$37,367.
Adjusted -$116,253 for 364 sqft less living space. Net adjustment: -$116,253.
Adjusted -$146,913 for 460 sqft less living space. Net adjustment: -$146,913.
Adjusted -$88,787 for 278 sqft less living space. Net adjustment: -$88,787.
Adjusted -$173,421 for 543 sqft less living space. Net adjustment: -$173,421.
The Neighborhood
This home is valued 4.7% above the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. With 554 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
typicalThis home is +4.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $19,128 across all districts. With a homestead exemption claimed, that drops to $17,515 — saving $1,613 per year. That's $1,460 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 |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $8,118 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $7,109 |
| Williamson County | County | 0.3694% | $2,855 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $705 |
| Williamson County FM/Rd | County | 0.0443% | $343 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $19,128 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $714,623 would pay approximately $4,461 per month (principal and interest only, excluding taxes and insurance).