204 LAKE THEO LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $450,063 and $753,099, with a best estimate of $734,685. That places the property above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$734,685
$503,556
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 $450,063 and $753,099. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$166,406 for 617 sqft more living space and +$3,186 for being newer. Net adjustment: +$169,592.
Adjusted +$151,572 for 562 sqft more living space. Net adjustment: +$151,572.
Adjusted -$134,311 for 498 sqft less living space and +$3,186 for being newer. Net adjustment: -$131,125.
Adjusted +$168,833 for 626 sqft more living space. Net adjustment: +$168,833.
Adjusted +$97,093 for 360 sqft more living space. Net adjustment: +$97,093.
The Neighborhood
This home is valued 11.3% below the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is -11.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,567 across all districts. With a homestead exemption claimed, that drops to $8,952 — saving $1,615 per year. That's $746 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% | $5,473 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,901 |
| Williamson County | County | 0.3694% | $1,860 |
| Austin Community College | special | 0.1034% | $521 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $503 |
| Williamson County FM/Rd | County | 0.0443% | $223 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $10,567 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $734,685 would pay approximately $4,586 per month (principal and interest only, excluding taxes and insurance).