224 GALVESTON ISLAND LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $384,683 and $683,324, with a best estimate of $565,858. That places the property below the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$565,858
$581,617
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 $384,683 and $683,324. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$228,707 for 848 sqft less living space. Net adjustment: -$228,707.
Adjusted +$9,979 for 37 sqft more living space. Net adjustment: +$9,979.
Adjusted -$68,774 for 255 sqft less living space and +$6,371 for being newer. Net adjustment: -$62,403.
Adjusted -$28,319 for 105 sqft less living space. Net adjustment: -$28,319.
Adjusted -$23,734 for 88 sqft less living space. Net adjustment: -$23,734.
The Neighborhood
This home is valued 2.5% above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. With 936 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is +2.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,205 across all districts. With a homestead exemption claimed, that drops to $10,576 — saving $1,629 per year. That's $881 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,322 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,196 |
| Williamson County | County | 0.3694% | $2,149 |
| Austin Community College | special | 0.1034% | $601 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $581 |
| Williamson County FM/Rd | County | 0.0443% | $258 |
| Upper Brushy Creek WCID | Water | 0.0170% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,205 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $565,858 would pay approximately $3,532 per month (principal and interest only, excluding taxes and insurance).