205 LOCKHART LOOP, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $341,745 and $544,169, with a best estimate of $487,620. 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
$487,620
$586,156
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 $341,745 and $544,169. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$230,865 for 856 sqft less living space. Net adjustment: -$230,865.
Adjusted -$19,688 for 73 sqft less living space. Net adjustment: -$19,688.
Adjusted -$126,490 for 469 sqft less living space. Net adjustment: -$126,490.
Adjusted -$62,840 for 233 sqft less living space and -$6,371 for being older. Net adjustment: -$69,211.
Adjusted -$78,213 for 290 sqft less living space and -$9,557 for being older. Net adjustment: -$87,770.
The Neighborhood
This home is valued 3.3% 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 +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,300 across all districts. With a homestead exemption claimed, that drops to $10,670 — saving $1,630 per year. That's $889 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% | $6,371 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,213 |
| Williamson County | County | 0.3694% | $2,166 |
| Austin Community College | special | 0.1034% | $606 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $586 |
| Williamson County FM/Rd | County | 0.0443% | $260 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,300 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $487,620 would pay approximately $3,044 per month (principal and interest only, excluding taxes and insurance).