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4203 MADRID DR, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath2,125 sqftBuilt 1981

Property at a Glance

This home is estimated between $431,784 and $514,897, with a best estimate of $460,301. That places the property below the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106, in a neighborhood that appreciated 2.1% over the past year.

Estimated Value Range

$431,784 $514,897
Best Estimate
$460,301
WCAD Value
$484,848
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST, this home's estimated market value is between $431,784 and $514,897. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

4205 MADRID DR, GEORGETOWN, TX 78628
0.02 mi 100% similar Same subdivision
3 bed 2 bath 2,290 sqft Built 1981
Raw Value $472,731
Adjusted Value $431,784

Adjusted -$40,947 for 165 sqft less living space. Net adjustment: -$40,947.

4208 MALAGA DR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 2,062 sqft Built 1982
Raw Value $444,367
Adjusted Value $460,301

Adjusted +$15,634 for 63 sqft more living space and +$300 for being newer. Net adjustment: +$15,934.

4201 MADRID DR, GEORGETOWN, TX 78628
0.04 mi 100% similar Same subdivision
3 bed 2 bath 2,691 sqft Built 1983
Raw Value $608,739
Adjusted Value $468,880

Adjusted -$140,459 for 566 sqft less living space and +$600 for being newer. Net adjustment: -$139,859.

4206 MADRID DR, GEORGETOWN, TX 78628
0.04 mi 100% similar Same subdivision
3 bed 2 bath 2,306 sqft Built 1981
Raw Value $559,814
Adjusted Value $514,897

Adjusted -$44,917 for 181 sqft less living space. Net adjustment: -$44,917.

4207 MADRID DR, GEORGETOWN, TX 78628
0.05 mi 100% similar Same subdivision
3 bed 2 bath 2,315 sqft Built 1981
Raw Value $499,406
Adjusted Value $452,255

Adjusted -$47,151 for 190 sqft less living space. Net adjustment: -$47,151.

The Neighborhood

This home is in line with the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. The neighborhood appreciated 2.1% over the past year.

G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST

typical
1,032 Properties
$487,106 Median Value
+2.1% YoY Change
6% Have Pool
83% Have Garage
This Home
$484,848
Median
$487,106

This home is -0.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $7,542 across all districts. With a homestead exemption claimed, that drops to $5,982 — saving $1,560 per year. That's $499 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$5,094
Williamson CountyCounty0.3694%$1,791
Williamson County ESD #8 - GeorgetownESD0.0912%$442
Williamson County FM/RdCounty0.0443%$215
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.5556%$7,542

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $460,301 would pay approximately $2,873 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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