118 RIO VISTA DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $320,019 and $473,945, with a best estimate of $346,203. That places the property below the G325595H - Parkview Estates Sec 1 median of $362,904, in a neighborhood that declined 3.5% over the past year.
Estimated Value Range
$346,203
$331,741
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G325595H - Parkview Estates Sec 1, this home's estimated market value is between $320,019 and $473,945. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$80,723 for 361 sqft more living space. Net adjustment: +$80,723.
Adjusted +$16,994 for 76 sqft more living space and +$20,136 for being newer. Net adjustment: +$37,130.
Adjusted -$41,144 for 184 sqft less living space and +$30,204 for being newer. Net adjustment: -$10,940.
This comparable closely matches the subject property's features.
Adjusted -$88,997 for 398 sqft less living space and +$30,204 for being newer. Net adjustment: -$58,793.
The Neighborhood
This home is valued 8.6% below the G325595H - Parkview Estates Sec 1 median of $362,904. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.5% over the past year.
G325595H - Parkview Estates Sec 1
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,029 across all districts. With a homestead exemption claimed, that drops to $4,438 — saving $1,591 per year. That's $370 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% | $3,485 |
| Williamson County | County | 0.3694% | $1,226 |
| Georgetown | City | 0.3530% | $1,171 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,029 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $346,203 would pay approximately $2,161 per month (principal and interest only, excluding taxes and insurance).