1612 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $-653,710 and $726,365, with a best estimate of $-171,149. 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
$-171,149
$729,591
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE. The estimated range of $-653,710 and $726,365 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$83,038 for 260 sqft more living space and +$13,564 for being newer. Net adjustment: +$96,602.
Adjusted -$11,498 for 36 sqft less living space. Net adjustment: -$11,498.
Adjusted -$60,362 for 189 sqft less living space and -$1,003,737 for being older and +$60,193 for having a garage. Net adjustment: -$1,003,906.
Adjusted +$145,955 for 457 sqft more living space and -$732,457 for being older. Net adjustment: -$586,502.
Adjusted +$150,426 for 471 sqft more living space and -$800,277 for being older and +$60,193 for having a garage. Net adjustment: -$589,658.
The Neighborhood
This home is valued 1.2% below the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
typicalThis home is -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $18,062 across all districts. With a homestead exemption claimed, that drops to $16,456 — saving $1,606 per year. That's $1,371 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% | $7,665 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $6,712 |
| Williamson County | County | 0.3694% | $2,695 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $665 |
| Williamson County FM/Rd | County | 0.0443% | $323 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $18,062 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $-171,149 would pay approximately $-1,068 per month (principal and interest only, excluding taxes and insurance).