514 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $764,214 and $1,259,785, with a best estimate of $894,808. 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
$894,808
$879,286
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 $764,214 and $1,259,785. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$248,543 for 921 sqft more living space and -$37,790 for being older. Net adjustment: +$210,753.
Adjusted +$249,622 for 925 sqft more living space and -$37,790 for being older. Net adjustment: +$211,832.
Adjusted +$58,290 for 216 sqft more living space and -$18,895 for being older. Net adjustment: +$39,395.
Adjusted +$105,516 for 391 sqft more living space and -$47,237 for being older. Net adjustment: +$58,279.
Adjusted +$71,783 for 266 sqft more living space and -$70,856 for being older. Net adjustment: +$927.
The Neighborhood
This home is valued 76.8% 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
outlier highThis home is +76.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,980 across all districts. With a homestead exemption claimed, that drops to $14,191 — saving $1,789 per year. That's $1,183 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% | $9,238 |
| Williamson County | County | 0.3694% | $3,248 |
| Georgetown | City | 0.3530% | $3,104 |
| Williamson County FM/Rd | County | 0.0443% | $390 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $15,980 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $894,808 would pay approximately $5,585 per month (principal and interest only, excluding taxes and insurance).