112 LAKE MINERAL WELLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $576,631 and $671,374, with a best estimate of $642,771. 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
$642,771
$608,508
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 $576,631 and $671,374. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,916 for 148 sqft more living space and -$3,186 for being older. Net adjustment: +$36,730.
Adjusted +$40,186 for 149 sqft more living space. Net adjustment: +$40,186.
Adjusted +$5,124 for 19 sqft more living space and -$6,371 for being older. Net adjustment: -$1,247.
Adjusted -$97,632 for 362 sqft less living space. Net adjustment: -$97,632.
Adjusted +$29,128 for 108 sqft more living space and -$3,186 for being older. Net adjustment: +$25,942.
The Neighborhood
This home is valued 7.2% 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 +7.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,769 across all districts. With a homestead exemption claimed, that drops to $11,135 — saving $1,634 per year. That's $928 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% | $6,614 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,297 |
| Williamson County | County | 0.3694% | $2,248 |
| Austin Community College | special | 0.1034% | $629 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $608 |
| Williamson County FM/Rd | County | 0.0443% | $270 |
| Upper Brushy Creek WCID | Water | 0.0170% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,769 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $642,771 would pay approximately $4,012 per month (principal and interest only, excluding taxes and insurance).