208 LAKE THEO LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $426,105 and $523,888, with a best estimate of $453,442. 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
$453,442
$476,259
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 $426,105 and $523,888. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,107 for 145 sqft less living space and -$9,557 for being older. Net adjustment: -$48,664.
Adjusted -$47,467 for 176 sqft less living space. Net adjustment: -$47,467.
Adjusted -$2,967 for 11 sqft less living space and -$3,186 for being older. Net adjustment: -$6,153.
Adjusted -$130,266 for 483 sqft less living space and -$9,557 for being older. Net adjustment: -$139,823.
Adjusted -$140,515 for 521 sqft less living space and -$3,186 for being older. Net adjustment: -$143,701.
The Neighborhood
This home is valued 16.1% 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
below averageThis home is -16.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,994 across all districts. With a homestead exemption claimed, that drops to $8,385 — saving $1,609 per year. That's $699 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% | $5,176 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,798 |
| Williamson County | County | 0.3694% | $1,760 |
| Austin Community College | special | 0.1034% | $492 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $476 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $9,994 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $453,442 would pay approximately $2,830 per month (principal and interest only, excluding taxes and insurance).