120 LAKE MINERAL WELLS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $516,360 and $631,189, with a best estimate of $580,578. That places the property above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$580,578
$619,728
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L498610C - PARKSIDE AT MAYFIELD RANCH, this home's estimated market value is between $516,360 and $631,189. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$270 for 1 sqft less living space and -$3,186 for being older. Net adjustment: -$3,456.
Adjusted -$40,186 for 149 sqft less living space. Net adjustment: -$40,186.
Adjusted -$11,058 for 41 sqft less living space and -$3,186 for being older. Net adjustment: -$14,244.
Adjusted -$35,061 for 130 sqft less living space and -$6,371 for being older. Net adjustment: -$41,432.
Adjusted -$52,052 for 193 sqft less living space and -$6,371 for being older. Net adjustment: -$58,423.
The Neighborhood
This home is valued 9.2% 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 +9.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,005 across all districts. With a homestead exemption claimed, that drops to $11,369 — saving $1,636 per year. That's $947 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% | $6,736 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,339 |
| Williamson County | County | 0.3694% | $2,290 |
| Austin Community College | special | 0.1034% | $641 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $619 |
| Williamson County FM/Rd | County | 0.0443% | $275 |
| Upper Brushy Creek WCID | Water | 0.0170% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $13,005 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $580,578 would pay approximately $3,624 per month (principal and interest only, excluding taxes and insurance).