4801 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $366,544 and $527,962, with a best estimate of $397,984. That places the property below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$397,984
$369,039
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $366,544 and $527,962. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$9,120 for 44 sqft less living space. Net adjustment: -$9,120.
Adjusted +$48,088 for 232 sqft more living space and +$1,229 for being newer. Net adjustment: +$49,317.
Adjusted -$33,164 for 160 sqft less living space. Net adjustment: -$33,164.
Adjusted +$29,433 for 142 sqft more living space and -$410 for being older. Net adjustment: +$29,023.
Adjusted -$27,361 for 132 sqft less living space. Net adjustment: -$27,361.
The Neighborhood
This home is valued 15.0% below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
below averageThis home is -15.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,150 across all districts. With a homestead exemption claimed, that drops to $5,546 — saving $1,604 per year. That's $462 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% | $3,877 |
| Williamson County | County | 0.3694% | $1,363 |
| Georgetown | City | 0.3530% | $1,303 |
| Georgetown Village PID | pid | 0.1200% | $443 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,150 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,984 would pay approximately $2,484 per month (principal and interest only, excluding taxes and insurance).