224 MONAHANS DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $514,536 and $604,782, with a best estimate of $567,913. 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
$567,913
$572,135
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 $514,536 and $604,782. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$19,419 for 72 sqft more living space and -$3,186 for being older. Net adjustment: +$16,233.
Adjusted +$24,273 for 90 sqft more living space and -$9,557 for being older. Net adjustment: +$14,716.
Adjusted -$11,597 for 43 sqft less living space and -$3,186 for being older. Net adjustment: -$14,783.
Adjusted -$39,916 for 148 sqft less living space and -$3,186 for being older. Net adjustment: -$43,102.
Adjusted -$4,585 for 17 sqft less living space and -$6,371 for being older. Net adjustment: -$10,956.
The Neighborhood
This home is in line with the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is +0.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,006 across all districts. With a homestead exemption claimed, that drops to $10,379 — saving $1,627 per year. That's $865 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% | $6,219 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,160 |
| Williamson County | County | 0.3694% | $2,114 |
| Austin Community College | special | 0.1034% | $592 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $572 |
| Williamson County FM/Rd | County | 0.0443% | $254 |
| Upper Brushy Creek WCID | Water | 0.0170% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $12,006 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $567,913 would pay approximately $3,545 per month (principal and interest only, excluding taxes and insurance).