938 MADRONE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $284,206 and $595,499, with a best estimate of $336,141. That places the property below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$336,141
$539,179
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $284,206 and $595,499. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$165,822 for 800 sqft less living space. Net adjustment: -$165,822.
Adjusted -$40,004 for 193 sqft less living space and +$410 for being newer. Net adjustment: -$39,594.
Adjusted -$172,040 for 830 sqft less living space. Net adjustment: -$172,040.
Adjusted +$45,394 for 219 sqft more living space. Net adjustment: +$45,394.
Adjusted -$149,861 for 723 sqft less living space. Net adjustment: -$149,861.
The Neighborhood
This home is valued 24.2% above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. With 668 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
above averageThis home is +24.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,446 across all districts. With a homestead exemption claimed, that drops to $8,780 — saving $1,666 per year. That's $732 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% | $5,665 |
| Williamson County | County | 0.3694% | $1,992 |
| Georgetown | City | 0.3530% | $1,903 |
| Georgetown Village PID | pid | 0.1200% | $647 |
| Williamson County FM/Rd | County | 0.0443% | $239 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $10,446 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $336,141 would pay approximately $2,098 per month (principal and interest only, excluding taxes and insurance).