209 LAKE THEO LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $432,258 and $669,170, with a best estimate of $446,225. 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
$446,225
$474,180
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 $432,258 and $669,170. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$71,201 for 264 sqft more living space. Net adjustment: +$71,201.
Adjusted -$36,140 for 134 sqft less living space and -$6,371 for being older. Net adjustment: -$42,511.
Adjusted -$127,299 for 472 sqft less living space and -$6,371 for being older. Net adjustment: -$133,670.
Adjusted -$137,548 for 510 sqft less living space. Net adjustment: -$137,548.
Adjusted -$124,063 for 460 sqft less living space and -$3,186 for being older. Net adjustment: -$127,249.
The Neighborhood
This home is valued 16.4% 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
below averageThis home is -16.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,951 across all districts. With a homestead exemption claimed, that drops to $8,341 — saving $1,610 per year. That's $695 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% | $5,154 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,790 |
| Williamson County | County | 0.3694% | $1,752 |
| Austin Community College | special | 0.1034% | $490 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $9,951 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $446,225 would pay approximately $2,785 per month (principal and interest only, excluding taxes and insurance).