1620 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $236,281 and $280,326, with a best estimate of $258,178. 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
$258,178
$309,659
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 $236,281 and $280,326. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$27,315 for 134 sqft less living space and -$10,606 for being older. Net adjustment: -$37,921.
Adjusted -$24,462 for 120 sqft less living space and +$2,651 for being newer. Net adjustment: -$21,811.
Adjusted -$66,454 for 326 sqft less living space and -$7,954 for being older. Net adjustment: -$74,408.
Adjusted +$2,854 for 14 sqft more living space and -$14,583 for being older. Net adjustment: -$11,729.
Adjusted -$31,800 for 156 sqft less living space and +$2,651 for being newer. Net adjustment: -$29,149.
The Neighborhood
This home is valued 3.3% above the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. With 309 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,628 across all districts. With a homestead exemption claimed, that drops to $4,045 — saving $1,583 per year. That's $337 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% | $3,253 |
| Williamson County | County | 0.3694% | $1,144 |
| Georgetown | City | 0.3530% | $1,093 |
| Williamson County FM/Rd | County | 0.0443% | $137 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,628 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $258,178 would pay approximately $1,612 per month (principal and interest only, excluding taxes and insurance).