502 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $459,159 and $545,432, with a best estimate of $462,887. That places the property above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$462,887
$415,953
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $459,159 and $545,432. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$79,642 for 380 sqft more living space. Net adjustment: +$79,642.
Adjusted +$70,001 for 334 sqft more living space and +$403 for being newer. Net adjustment: +$70,404.
Adjusted +$50,300 for 240 sqft more living space and +$3,226 for being newer. Net adjustment: +$53,526.
Adjusted +$186,111 for 888 sqft more living space. Net adjustment: +$186,111.
Adjusted +$142,308 for 679 sqft more living space. Net adjustment: +$142,308.
The Neighborhood
This home is valued 10.3% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is +10.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,559 across all districts. With a homestead exemption claimed, that drops to $5,938 — saving $1,621 per year. That's $495 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% | $4,370 |
| Williamson County | County | 0.3694% | $1,537 |
| Georgetown | City | 0.3530% | $1,468 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,559 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $462,887 would pay approximately $2,889 per month (principal and interest only, excluding taxes and insurance).