4718 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $380,723 and $552,076, with a best estimate of $415,042. That places the property above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$415,042
$376,882
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $380,723 and $552,076. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$15,143 for 70 sqft more living space and -$397 for being older. Net adjustment: +$14,746.
Adjusted +$3,461 for 16 sqft more living space and -$662 for being older. Net adjustment: +$2,799.
Adjusted +$76,365 for 353 sqft more living space and +$132 for being newer. Net adjustment: +$76,497.
Adjusted +$649 for 3 sqft more living space and -$132 for being older. Net adjustment: +$517.
Adjusted +$37,642 for 174 sqft more living space. Net adjustment: +$37,642.
The Neighborhood
This home is valued 3.6% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,302 across all districts. With a homestead exemption claimed, that drops to $5,695 — saving $1,607 per year. That's $475 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% | $3,960 |
| Williamson County | County | 0.3694% | $1,392 |
| Georgetown | City | 0.3530% | $1,330 |
| Georgetown Village PID | pid | 0.1200% | $452 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,302 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $415,042 would pay approximately $2,591 per month (principal and interest only, excluding taxes and insurance).