309 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $345,418 and $564,389, with a best estimate of $495,062. 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
$495,062
$520,296
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 $345,418 and $564,389. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$22,668 for 84 sqft less living space and -$56,685 for being older. Net adjustment: -$79,353.
Adjusted -$139,788 for 518 sqft less living space and -$14,171 for being older. Net adjustment: -$153,959.
Adjusted +$50,194 for 186 sqft more living space and -$18,895 for being older. Net adjustment: +$31,299.
Adjusted -$61,528 for 228 sqft less living space and -$18,895 for being older. Net adjustment: -$80,423.
Adjusted -$4,318 for 16 sqft less living space and -$9,447 for being older and -$96,544 for no pool. Net adjustment: -$110,309.
The Neighborhood
This home is valued 4.6% 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 +4.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,456 across all districts. With a homestead exemption claimed, that drops to $7,797 — saving $1,659 per year. That's $650 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% | $5,466 |
| Williamson County | County | 0.3694% | $1,922 |
| Georgetown | City | 0.3530% | $1,837 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,456 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $495,062 would pay approximately $3,090 per month (principal and interest only, excluding taxes and insurance).