305 PARK PLACE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $378,737 and $616,756, with a best estimate of $560,145. That places the property below the I410600C - Gabriel's Overlook median of $818,008, in a neighborhood that appreciated 3.4% over the past year.
Estimated Value Range
$560,145
$710,677
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in I410600C - Gabriel's Overlook, this home's estimated market value is between $378,737 and $616,756. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$44,389 for 149 sqft less living space and -$15,899 for being older. Net adjustment: -$60,288.
Adjusted -$142,999 for 480 sqft less living space and -$15,899 for being older. Net adjustment: -$158,898.
Adjusted -$244,289 for 820 sqft less living space and -$79,495 for being older. Net adjustment: -$323,784.
Adjusted -$39,920 for 134 sqft less living space. Net adjustment: -$39,920.
Adjusted -$178,748 for 600 sqft less living space and -$15,899 for being older. Net adjustment: -$194,647.
The Neighborhood
This home is valued 13.1% below the I410600C - Gabriel's Overlook median of $818,008. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 3.4% over the past year.
I410600C - Gabriel's Overlook
typicalThis home is -13.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,275 across all districts. With a homestead exemption claimed, that drops to $10,409 — saving $1,866 per year. That's $867 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 |
|---|---|---|---|
| Liberty Hill ISD | School | 1.2389% | $8,805 |
| Williamson County | County | 0.3694% | $2,626 |
| Williamson County ESD #4 - Liberty Hill | ESD | 0.0745% | $529 |
| Williamson County FM/Rd | County | 0.0443% | $315 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7272% | $12,275 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $560,145 would pay approximately $3,496 per month (principal and interest only, excluding taxes and insurance).