1509 PLUM TREE WAY, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $594,105 and $885,297, with a best estimate of $761,946. That places the property above 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
$761,946
$594,625
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 $594,105 and $885,297. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$49,503 for 155 sqft more living space and -$13,564 for being older. Net adjustment: +$35,939.
Adjusted +$51,420 for 161 sqft more living space. Net adjustment: +$51,420.
Adjusted -$15,330 for 48 sqft less living space and -$27,128 for being older. Net adjustment: -$42,458.
Adjusted +$22,995 for 72 sqft more living space. Net adjustment: +$22,995.
Adjusted +$7,026 for 22 sqft more living space. Net adjustment: +$7,026.
The Neighborhood
This home is valued 19.5% 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 -19.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,483 across all districts. With a homestead exemption claimed, that drops to $12,904 — saving $1,579 per year. That's $1,075 per month a buyer should budget. The assessed value increased +368.2% 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% | $6,146 |
| Parkside on the River MUD #1 | MUD | 0.9200% | $5,382 |
| Williamson County | County | 0.3694% | $2,161 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $534 |
| Williamson County FM/Rd | County | 0.0443% | $259 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4756% | $14,483 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $761,946 would pay approximately $4,756 per month (principal and interest only, excluding taxes and insurance).