4205 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $493,202 and $555,843, with a best estimate of $501,248. That places the property above 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
$501,248
$472,731
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 $493,202 and $555,843. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$6,204 for 25 sqft less living space. Net adjustment: -$6,204.
Adjusted +$40,947 for 165 sqft more living space. Net adjustment: +$40,947.
Adjusted -$21,590 for 87 sqft less living space and -$600 for being older. Net adjustment: -$22,190.
Adjusted -$3,971 for 16 sqft less living space. Net adjustment: -$3,971.
Adjusted +$56,581 for 228 sqft more living space and +$300 for being newer. Net adjustment: +$56,881.
The Neighborhood
This home is valued 3.0% below the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
typicalThis home is -3.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,354 across all districts. With a homestead exemption claimed, that drops to $5,796 — saving $1,558 per year. That's $483 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% | $4,967 |
| Williamson County | County | 0.3694% | $1,746 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $431 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,354 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $501,248 would pay approximately $3,129 per month (principal and interest only, excluding taxes and insurance).