508 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $408,348 and $639,802, with a best estimate of $492,244. That places the property below 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
$492,244
$404,120
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 $408,348 and $639,802. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$54,782 for 203 sqft more living space and -$14,171 for being older. Net adjustment: +$40,611.
Adjusted +$2,699 for 10 sqft more living space and +$37,790 for being newer. Net adjustment: +$40,489.
Adjusted -$88,515 for 328 sqft less living space and -$9,447 for being older. Net adjustment: -$97,962.
Adjusted +$36,431 for 135 sqft more living space and +$4,724 for being newer. Net adjustment: +$41,155.
Adjusted +$42,368 for 157 sqft more living space and +$37,790 for being newer. Net adjustment: +$80,158.
The Neighborhood
This home is valued 18.8% 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
below averageThis home is -18.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,344 across all districts. With a homestead exemption claimed, that drops to $5,728 — saving $1,616 per year. That's $477 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% | $4,246 |
| Williamson County | County | 0.3694% | $1,493 |
| Georgetown | City | 0.3530% | $1,427 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,344 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $492,244 would pay approximately $3,073 per month (principal and interest only, excluding taxes and insurance).