509 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $303,949 and $717,645, with a best estimate of $397,545. 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
$397,545
$534,252
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 $303,949 and $717,645. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$76,371 for 283 sqft less living space and -$42,513 for being older. Net adjustment: -$118,884.
Adjusted -$141,408 for 524 sqft less living space and -$4,724 for being older. Net adjustment: -$146,132.
Adjusted +$81,768 for 303 sqft more living space and -$51,961 for being older. Net adjustment: +$29,807.
Adjusted +$26,986 for 100 sqft more living space and -$37,790 for being older. Net adjustment: -$10,804.
Adjusted -$61,528 for 228 sqft less living space and -$47,237 for being older. Net adjustment: -$108,765.
The Neighborhood
This home is valued 7.4% 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
typicalThis home is +7.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,709 across all districts. With a homestead exemption claimed, that drops to $8,046 — saving $1,663 per year. That's $671 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% | $5,613 |
| Williamson County | County | 0.3694% | $1,974 |
| Georgetown | City | 0.3530% | $1,886 |
| Williamson County FM/Rd | County | 0.0443% | $237 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,709 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,545 would pay approximately $2,481 per month (principal and interest only, excluding taxes and insurance).