1615 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $205,668 and $266,557, with a best estimate of $253,051. That places the property below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839, in a neighborhood that declined 1.9% over the past year.
Estimated Value Range
$253,051
$255,491
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge, this home's estimated market value is between $205,668 and $266,557. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$9,785 for 48 sqft less living space. Net adjustment: -$9,785.
Adjusted -$13,862 for 68 sqft less living space. Net adjustment: -$13,862.
Adjusted -$9,785 for 48 sqft less living space. Net adjustment: -$9,785.
Adjusted -$23,239 for 114 sqft less living space. Net adjustment: -$23,239.
Adjusted -$75,627 for 371 sqft less living space and -$7,954 for being older. Net adjustment: -$83,581.
The Neighborhood
This home is valued 14.8% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is -14.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,643 across all districts. With a homestead exemption claimed, that drops to $3,080 — saving $1,563 per year. That's $257 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% | $2,684 |
| Williamson County | County | 0.3694% | $944 |
| Georgetown | City | 0.3530% | $902 |
| Williamson County FM/Rd | County | 0.0443% | $113 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,643 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $253,051 would pay approximately $1,580 per month (principal and interest only, excluding taxes and insurance).