1522 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $274,202 and $347,580, with a best estimate of $296,099. That places the property below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$296,099
$318,247
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $274,202 and $347,580. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$27,315 for 134 sqft more living space and +$10,606 for being newer. Net adjustment: +$37,921.
Adjusted +$2,854 for 14 sqft more living space and +$13,257 for being newer. Net adjustment: +$16,111.
Adjusted -$39,139 for 192 sqft less living space and +$2,651 for being newer. Net adjustment: -$36,488.
Adjusted +$30,169 for 148 sqft more living space and -$3,977 for being older. Net adjustment: +$26,192.
Adjusted -$4,485 for 22 sqft less living space and +$13,257 for being newer. Net adjustment: +$8,772.
The Neighborhood
This home is valued 6.1% above the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. With 309 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is +6.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,784 across all districts. With a homestead exemption claimed, that drops to $4,198 — saving $1,586 per year. That's $350 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 |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,344 |
| Williamson County | County | 0.3694% | $1,176 |
| Georgetown | City | 0.3530% | $1,123 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,784 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $296,099 would pay approximately $1,848 per month (principal and interest only, excluding taxes and insurance).