1501 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $717,724 and $1,079,163, with a best estimate of $1,020,052. That places the property above the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226, in a neighborhood that appreciated 121.5% over the past year.
Estimated Value Range
$1,020,052
$726,839
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE, this home's estimated market value is between $717,724 and $1,079,163. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$251,988 for 789 sqft more living space. Net adjustment: +$251,988.
Adjusted +$251,030 for 786 sqft more living space. Net adjustment: +$251,030.
Adjusted -$30,021 for 94 sqft less living space. Net adjustment: -$30,021.
Adjusted -$15,330 for 48 sqft less living space. Net adjustment: -$15,330.
Adjusted +$129,986 for 407 sqft more living space. Net adjustment: +$129,986.
The Neighborhood
This home is valued 1.5% below the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
typicalThis home is -1.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $17,993 across all districts. With a homestead exemption claimed, that drops to $16,388 — saving $1,605 per year. That's $1,366 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% | $7,636 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $6,687 |
| Williamson County | County | 0.3694% | $2,685 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $663 |
| Williamson County FM/Rd | County | 0.0443% | $322 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $17,993 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,020,052 would pay approximately $6,367 per month (principal and interest only, excluding taxes and insurance).