1608 PARK LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $268,046 and $572,970, with a best estimate of $302,136. 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
$302,136
$288,071
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $268,046 and $572,970. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$30,577 for 150 sqft less living space. Net adjustment: -$30,577.
Adjusted -$2,854 for 14 sqft less living space and -$13,257 for being older. Net adjustment: -$16,111.
Adjusted +$24,462 for 120 sqft more living space and -$2,651 for being older. Net adjustment: +$21,811.
Adjusted -$41,992 for 206 sqft less living space and -$10,606 for being older. Net adjustment: -$52,598.
Adjusted +$27,315 for 134 sqft more living space and -$17,234 for being older. Net adjustment: +$10,081.
The Neighborhood
This home is valued 3.9% below the G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge median of $299,839. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.9% over the past year.
G130470H - Williams Addn (All Secs), Gabriel Hts & Dawnridge
typicalThis home is -3.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,235 across all districts. With a homestead exemption claimed, that drops to $3,660 — saving $1,575 per year. That's $305 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% | $3,026 |
| Williamson County | County | 0.3694% | $1,064 |
| Georgetown | City | 0.3530% | $1,017 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,235 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $302,136 would pay approximately $1,886 per month (principal and interest only, excluding taxes and insurance).