2002 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $360,362 and $479,859, with a best estimate of $428,859. That places the property above 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
$428,859
$350,198
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 $360,362 and $479,859. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$172,862 for 848 sqft more living space and -$7,954 for being older. Net adjustment: +$164,908.
Adjusted +$4,281 for 21 sqft more living space and -$9,280 for being older. Net adjustment: -$4,999.
Adjusted +$213,631 for 1,048 sqft more living space and +$1,326 for being newer. Net adjustment: +$214,957.
Adjusted +$6,931 for 34 sqft more living space and -$10,606 for being older. Net adjustment: -$3,675.
Adjusted +$125,773 for 617 sqft more living space and -$7,954 for being older. Net adjustment: +$117,819.
The Neighborhood
This home is valued 16.8% 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
above averageThis home is +16.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,364 across all districts. With a homestead exemption claimed, that drops to $4,767 — saving $1,597 per year. That's $397 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% | $3,679 |
| Williamson County | County | 0.3694% | $1,294 |
| Georgetown | City | 0.3530% | $1,236 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,364 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $428,859 would pay approximately $2,677 per month (principal and interest only, excluding taxes and insurance).