116 INKS LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $312,355 and $571,002, with a best estimate of $498,360. 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
$498,360
$548,291
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 $312,355 and $571,002. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$19,419 for 72 sqft more living space and -$6,371 for being older. Net adjustment: +$13,048.
Adjusted -$18,879 for 70 sqft less living space and -$12,742 for being older. Net adjustment: -$31,621.
Adjusted -$127,839 for 474 sqft less living space. Net adjustment: -$127,839.
Adjusted -$97,902 for 363 sqft less living space and -$12,742 for being older. Net adjustment: -$110,644.
Adjusted +$1,618 for 6 sqft more living space and -$15,928 for being older. Net adjustment: -$14,310.
The Neighborhood
This home is valued 3.4% 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
typicalThis home is -3.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,506 across all districts. With a homestead exemption claimed, that drops to $9,883 — saving $1,623 per year. That's $824 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% | $5,959 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,070 |
| Williamson County | County | 0.3694% | $2,026 |
| Austin Community College | special | 0.1034% | $567 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $548 |
| Williamson County FM/Rd | County | 0.0443% | $243 |
| Upper Brushy Creek WCID | Water | 0.0170% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $11,506 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $498,360 would pay approximately $3,111 per month (principal and interest only, excluding taxes and insurance).