1513 MULBERRY OAK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $389,480 and $885,053, with a best estimate of $707,606. That places the property below the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226, in a neighborhood that appreciated 121.5% over the past year.
Estimated Value Range
$707,606
$518,739
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE, this home's estimated market value is between $389,480 and $885,053. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$22,676 for 71 sqft less living space and -$13,564 for being older. Net adjustment: -$36,240.
Adjusted +$13,094 for 41 sqft more living space. Net adjustment: +$13,094.
Adjusted +$38,964 for 122 sqft more living space and -$13,564 for being older. Net adjustment: +$25,400.
Adjusted -$7,026 for 22 sqft less living space. Net adjustment: -$7,026.
Adjusted +$40,241 for 126 sqft more living space and -$13,564 for being older. Net adjustment: +$26,677.
The Neighborhood
This home is valued 29.7% below the L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE median of $738,226. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 121.5% over the past year.
L131725C - PARKSIDE ON THE RIVER 2900 SFT AND ABOVE
below averageThis home is -29.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,604 across all districts. With a homestead exemption claimed, that drops to $11,039 — saving $1,565 per year. That's $920 per month a buyer should budget. The assessed value increased +308.5% vs the subdivision average of +121.5%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $5,349 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $4,684 |
| Williamson County | County | 0.3694% | $1,881 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $464 |
| Williamson County FM/Rd | County | 0.0443% | $226 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $12,604 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $707,606 would pay approximately $4,417 per month (principal and interest only, excluding taxes and insurance).