1205 FESTIVAL ST, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $380,767 and $806,688, with a best estimate of $539,663. That places the property below the L130822C - PARKSIDE PENINSULA median of $596,845, in a neighborhood that appreciated 61.8% over the past year.
Estimated Value Range
$539,663
$566,504
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $380,767 and $806,688. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$2,282 for 7 sqft less living space and -$37,468 for being older. Net adjustment: -$39,750.
Adjusted +$90,949 for 279 sqft more living space. Net adjustment: +$90,949.
Adjusted -$35,532 for 109 sqft less living space. Net adjustment: -$35,532.
Adjusted -$2,282 for 7 sqft less living space and -$37,468 for being older. Net adjustment: -$39,750.
Adjusted +$122,569 for 376 sqft more living space and +$24,979 for being newer. Net adjustment: +$147,548.
The Neighborhood
This home is valued 5.1% below the L130822C - PARKSIDE PENINSULA median of $596,845. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 61.8% over the past year.
L130822C - PARKSIDE PENINSULA
typicalThis home is -5.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,912 across all districts. With a homestead exemption claimed, that drops to $13,286 — saving $1,626 per year. That's $1,107 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% | $6,157 |
| Williamson County MUD #25 | MUD | 0.9200% | $5,212 |
| Williamson County | County | 0.3694% | $2,093 |
| Austin Community College | special | 0.1034% | $586 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $517 |
| Williamson County FM/Rd | County | 0.0443% | $251 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6323% | $14,912 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $539,663 would pay approximately $3,369 per month (principal and interest only, excluding taxes and insurance).