306 NORWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $418,441 and $711,859, with a best estimate of $530,079. 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
$530,079
$480,143
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 $418,441 and $711,859. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$182,696 for 677 sqft more living space and -$23,619 for being older. Net adjustment: +$159,077.
Adjusted +$35,352 for 131 sqft more living space and -$14,171 for being older. Net adjustment: +$21,181.
Adjusted +$127,645 for 473 sqft more living space and -$9,447 for being older. Net adjustment: +$118,198.
Adjusted +$15,652 for 58 sqft more living space and -$14,171 for being older. Net adjustment: +$1,481.
Adjusted -$17,271 for 64 sqft less living space. Net adjustment: -$17,271.
The Neighborhood
This home is valued 3.5% 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 -3.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,716 across all districts. With a homestead exemption claimed, that drops to $7,072 — saving $1,644 per year. That's $589 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% | $5,038 |
| Williamson County | County | 0.3694% | $1,772 |
| Georgetown | City | 0.3530% | $1,693 |
| Williamson County FM/Rd | County | 0.0443% | $213 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,716 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $530,079 would pay approximately $3,309 per month (principal and interest only, excluding taxes and insurance).