1618 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $228,906 and $289,796, with a best estimate of $278,730. That places the property below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$278,730
$273,934
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $228,906 and $289,796. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$9,377 for 46 sqft more living space. Net adjustment: +$9,377.
Adjusted +$13,454 for 66 sqft more living space. Net adjustment: +$13,454.
Adjusted +$13,454 for 66 sqft more living space. Net adjustment: +$13,454.
Adjusted +$23,239 for 114 sqft more living space. Net adjustment: +$23,239.
Adjusted -$52,389 for 257 sqft less living space and -$7,954 for being older. Net adjustment: -$60,343.
The Neighborhood
This home is valued 8.6% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,978 across all districts. With a homestead exemption claimed, that drops to $3,409 — saving $1,569 per year. That's $284 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% | $2,878 |
| Williamson County | County | 0.3694% | $1,012 |
| Georgetown | City | 0.3530% | $967 |
| Williamson County FM/Rd | County | 0.0443% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,978 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $278,730 would pay approximately $1,740 per month (principal and interest only, excluding taxes and insurance).