216 GALVESTON ISLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $579,060 and $804,060, with a best estimate of $601,034. 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
$601,034
$608,487
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 $579,060 and $804,060. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$9,170 for 34 sqft less living space and -$3,186 for being older. Net adjustment: -$12,356.
Adjusted -$14,294 for 53 sqft less living space and -$6,371 for being older. Net adjustment: -$20,665.
Adjusted +$229,516 for 851 sqft more living space and -$3,186 for being older. Net adjustment: +$226,330.
Adjusted +$75,786 for 281 sqft more living space and -$3,186 for being older. Net adjustment: +$72,600.
Adjusted +$116,781 for 433 sqft more living space and -$3,186 for being older. Net adjustment: +$113,595.
The Neighborhood
This home is valued 7.2% 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 +7.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,769 across all districts. With a homestead exemption claimed, that drops to $11,135 — saving $1,634 per year. That's $928 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% | $6,614 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,297 |
| Williamson County | County | 0.3694% | $2,248 |
| Austin Community College | special | 0.1034% | $629 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $608 |
| Williamson County FM/Rd | County | 0.0443% | $270 |
| Upper Brushy Creek WCID | Water | 0.0170% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,769 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $601,034 would pay approximately $3,752 per month (principal and interest only, excluding taxes and insurance).