702 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $299,169 and $858,108, with a best estimate of $425,244. That places the property below the G230698D - River Ridge & Riverview Estates - All median of $497,470, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$425,244
$710,549
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G230698D - River Ridge & Riverview Estates - All, this home's estimated market value is between $299,169 and $858,108. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$46,956 for 174 sqft less living space and -$4,724 for being older. Net adjustment: -$51,680.
Adjusted -$93,912 for 348 sqft less living space and -$37,790 for being older. Net adjustment: -$131,702.
Adjusted -$51,274 for 190 sqft less living space and -$28,342 for being older. Net adjustment: -$79,616.
Adjusted +$22,938 for 85 sqft more living space and -$23,619 for being older and -$96,544 for no pool. Net adjustment: -$97,225.
Adjusted +$26,177 for 97 sqft more living space and -$37,790 for being older. Net adjustment: -$11,613.
The Neighborhood
This home is valued 42.8% above the G230698D - River Ridge & Riverview Estates - All median of $497,470. With 445 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
above averageThis home is +42.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,444 across all districts. With a homestead exemption claimed, that drops to $10,726 — saving $1,718 per year. That's $894 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% | $7,194 |
| Williamson County | County | 0.3694% | $2,530 |
| Georgetown | City | 0.3530% | $2,417 |
| Williamson County FM/Rd | County | 0.0443% | $304 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,444 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $425,244 would pay approximately $2,654 per month (principal and interest only, excluding taxes and insurance).