225 GALVESTON ISLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $345,789 and $615,023, with a best estimate of $515,954. 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
$515,954
$600,230
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L498610C - PARKSIDE AT MAYFIELD RANCH. The estimated range of $345,789 and $615,023 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$109,769 for 407 sqft less living space and -$15,928 for being older. Net adjustment: -$125,697.
Adjusted -$137,548 for 510 sqft less living space and -$15,928 for being older. Net adjustment: -$153,476.
Adjusted -$193,376 for 717 sqft less living space and -$12,742 for being older. Net adjustment: -$206,118.
Adjusted -$108,420 for 402 sqft less living space and -$15,928 for being older. Net adjustment: -$124,348.
Adjusted -$282,108 for 1,046 sqft less living space and -$15,928 for being older. Net adjustment: -$298,036.
The Neighborhood
This home is valued 5.8% 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 +5.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,596 across all districts. With a homestead exemption claimed, that drops to $10,963 — saving $1,633 per year. That's $914 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% | $6,524 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,266 |
| Williamson County | County | 0.3694% | $2,218 |
| Austin Community College | special | 0.1034% | $621 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $600 |
| Williamson County FM/Rd | County | 0.0443% | $266 |
| Upper Brushy Creek WCID | Water | 0.0170% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,596 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $515,954 would pay approximately $3,221 per month (principal and interest only, excluding taxes and insurance).