4218 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $437,160 and $691,156, with a best estimate of $488,119. That places the property above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106, in a neighborhood that appreciated 2.1% over the past year.
Estimated Value Range
$488,119
$572,535
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST, this home's estimated market value is between $437,160 and $691,156. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$29,531 for 119 sqft more living space and -$1,500 for being older. Net adjustment: +$28,031.
Adjusted -$108,446 for 437 sqft less living space. Net adjustment: -$108,446.
Adjusted -$18,364 for 74 sqft less living space and -$900 for being older. Net adjustment: -$19,264.
Adjusted +$87,601 for 353 sqft more living space and -$900 for being older. Net adjustment: +$86,701.
Adjusted +$17,619 for 71 sqft more living space and -$1,200 for being older. Net adjustment: +$16,419.
The Neighborhood
This home is valued 17.5% above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. With 1,032 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
above averageThis home is +17.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,906 across all districts. With a homestead exemption claimed, that drops to $7,330 — saving $1,576 per year. That's $611 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% | $6,015 |
| Williamson County | County | 0.3694% | $2,115 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $522 |
| Williamson County FM/Rd | County | 0.0443% | $254 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $8,906 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $488,119 would pay approximately $3,047 per month (principal and interest only, excluding taxes and insurance).