512 PARK PLACE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $649,559 and $1,214,603, with a best estimate of $834,376. That places the property above the I410600C - Gabriel's Overlook median of $818,008, in a neighborhood that appreciated 3.4% over the past year.
Estimated Value Range
$834,376
$747,563
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I410600C - Gabriel's Overlook, this home's estimated market value is between $649,559 and $1,214,603. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$115,591 for 388 sqft less living space and -$95,395 for being older. Net adjustment: -$210,986.
Adjusted +$87,289 for 293 sqft more living space and +$47,697 for being newer. Net adjustment: +$134,986.
Adjusted -$50,645 for 170 sqft less living space and +$15,899 for being newer. Net adjustment: -$34,746.
Adjusted -$241,906 for 812 sqft less living space and +$47,697 for being newer. Net adjustment: -$194,209.
Adjusted +$11,917 for 40 sqft more living space and +$111,294 for being newer. Net adjustment: +$123,211.
The Neighborhood
This home is valued 8.6% below the I410600C - Gabriel's Overlook median of $818,008. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.4% over the past year.
I410600C - Gabriel's Overlook
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,912 across all districts. With a homestead exemption claimed, that drops to $11,039 — saving $1,873 per year. That's $920 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $9,262 |
| Williamson County | County | 0.3694% | $2,762 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $557 |
| Williamson County FM/Rd | County | 0.0443% | $331 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $12,912 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $834,376 would pay approximately $5,208 per month (principal and interest only, excluding taxes and insurance).