1509 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $364,080 and $859,654, with a best estimate of $677,188. That places the property below 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
$677,188
$682,206
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 $364,080 and $859,654. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$61,640 for 193 sqft less living space. Net adjustment: -$61,640.
Adjusted -$25,869 for 81 sqft less living space and +$13,564 for being newer. Net adjustment: -$12,305.
Adjusted -$38,964 for 122 sqft less living space and +$13,564 for being newer. Net adjustment: -$25,400.
Adjusted -$45,990 for 144 sqft less living space and +$13,564 for being newer. Net adjustment: -$32,426.
Adjusted +$1,278 for 4 sqft more living space. Net adjustment: +$1,278.
The Neighborhood
This home is valued 7.6% 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 -7.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $16,889 across all districts. With a homestead exemption claimed, that drops to $15,292 — saving $1,597 per year. That's $1,274 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% | $7,167 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $6,276 |
| Williamson County | County | 0.3694% | $2,520 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $622 |
| Williamson County FM/Rd | County | 0.0443% | $302 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $16,889 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $677,188 would pay approximately $4,227 per month (principal and interest only, excluding taxes and insurance).