703 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $315,664 and $762,229, with a best estimate of $422,611. 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
$422,611
$350,849
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 $315,664 and $762,229. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$87,705 for 325 sqft less living space. Net adjustment: -$87,705.
Adjusted -$141,408 for 524 sqft less living space and -$33,066 for being older. Net adjustment: -$174,474.
Adjusted +$46,956 for 174 sqft more living space and +$4,724 for being newer. Net adjustment: +$51,680.
Adjusted +$69,894 for 259 sqft more living space and -$18,895 for being older and -$96,544 for no pool. Net adjustment: -$45,545.
Adjusted -$218,588 for 810 sqft less living space. Net adjustment: -$218,588.
The Neighborhood
This home is valued 29.5% below the G230698D - River Ridge & Riverview Estates - All median of $497,470. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
below averageThis home is -29.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,376 across all districts. With a homestead exemption claimed, that drops to $4,779 — saving $1,597 per year. That's $398 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% | $3,686 |
| Williamson County | County | 0.3694% | $1,296 |
| Georgetown | City | 0.3530% | $1,238 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,376 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $422,611 would pay approximately $2,638 per month (principal and interest only, excluding taxes and insurance).