508 CHOKE CANYON LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $369,940 and $584,514, with a best estimate of $397,225. 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
$397,225
$575,909
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 $369,940 and $584,514. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,609 for 69 sqft less living space. Net adjustment: -$18,609.
Adjusted -$213,604 for 792 sqft less living space and +$3,186 for being newer. Net adjustment: -$210,418.
Adjusted -$99,790 for 370 sqft less living space. Net adjustment: -$99,790.
Adjusted -$150,763 for 559 sqft less living space. Net adjustment: -$150,763.
Adjusted -$74,438 for 276 sqft less living space and +$3,186 for being newer. Net adjustment: -$71,252.
The Neighborhood
This home is valued 1.5% 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 +1.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,085 across all districts. With a homestead exemption claimed, that drops to $10,457 — saving $1,628 per year. That's $871 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% | $6,260 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,174 |
| Williamson County | County | 0.3694% | $2,128 |
| Austin Community College | special | 0.1034% | $595 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $575 |
| Williamson County FM/Rd | County | 0.0443% | $255 |
| Upper Brushy Creek WCID | Water | 0.0170% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,085 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,225 would pay approximately $2,479 per month (principal and interest only, excluding taxes and insurance).