601 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $406,401 and $1,091,003, with a best estimate of $595,421. 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
$595,421
$429,495
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 $406,401 and $1,091,003. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$16,192 for 60 sqft more living space and -$18,895 for being older. Net adjustment: -$2,703.
Adjusted +$15,112 for 56 sqft more living space and -$18,895 for being older. Net adjustment: -$3,783.
Adjusted -$157,059 for 582 sqft less living space and -$23,619 for being older. Net adjustment: -$180,678.
Adjusted -$77,450 for 287 sqft less living space and +$14,171 for being newer. Net adjustment: -$63,279.
Adjusted +$120,088 for 445 sqft more living space and -$18,895 for being older. Net adjustment: +$101,193.
The Neighborhood
This home is valued 13.7% below the G230698D - River Ridge & Riverview Estates - All median of $497,470. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
typicalThis home is -13.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,806 across all districts. With a homestead exemption claimed, that drops to $6,180 — saving $1,626 per year. That's $515 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% | $4,512 |
| Williamson County | County | 0.3694% | $1,587 |
| Georgetown | City | 0.3530% | $1,516 |
| Williamson County FM/Rd | County | 0.0443% | $190 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,806 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $595,421 would pay approximately $3,717 per month (principal and interest only, excluding taxes and insurance).