500 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $272,525 and $736,884, with a best estimate of $561,042. That places the property above 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
$561,042
$731,826
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 $272,525 and $736,884. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$132,772 for 492 sqft more living space and -$18,895 for being older. Net adjustment: +$113,877.
Adjusted -$49,655 for 184 sqft less living space and -$4,724 for being older. Net adjustment: -$54,379.
Adjusted -$269,862 for 1,000 sqft less living space and +$4,724 for being newer. Net adjustment: -$265,138.
Adjusted +$34,812 for 129 sqft more living space. Net adjustment: +$34,812.
Adjusted -$195,110 for 723 sqft less living space and +$4,724 for being newer. Net adjustment: -$190,386.
The Neighborhood
This home is valued 47.1% 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
above averageThis home is +47.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,300 across all districts. With a homestead exemption claimed, that drops to $11,565 — saving $1,735 per year. That's $964 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% | $7,689 |
| Williamson County | County | 0.3694% | $2,704 |
| Georgetown | City | 0.3530% | $2,583 |
| Williamson County FM/Rd | County | 0.0443% | $324 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $13,300 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $561,042 would pay approximately $3,502 per month (principal and interest only, excluding taxes and insurance).