113 LAKE MINERAL WELLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $606,244 and $794,574, with a best estimate of $717,314. 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
$717,314
$652,338
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 $606,244 and $794,574. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$34,522 for 128 sqft more living space. Net adjustment: +$34,522.
Adjusted -$22,385 for 83 sqft less living space. Net adjustment: -$22,385.
Adjusted +$75,247 for 279 sqft more living space. Net adjustment: +$75,247.
Adjusted +$81,720 for 303 sqft more living space and -$3,186 for being older. Net adjustment: +$78,534.
Adjusted +$38,837 for 144 sqft more living space. Net adjustment: +$38,837.
The Neighborhood
This home is valued 15.0% 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 +15.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,689 across all districts. With a homestead exemption claimed, that drops to $12,047 — saving $1,642 per year. That's $1,004 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% | $7,090 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,463 |
| Williamson County | County | 0.3694% | $2,410 |
| Austin Community College | special | 0.1034% | $675 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $652 |
| Williamson County FM/Rd | County | 0.0443% | $289 |
| Upper Brushy Creek WCID | Water | 0.0170% | $111 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $13,689 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $717,314 would pay approximately $4,477 per month (principal and interest only, excluding taxes and insurance).