4206 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $476,702 and $550,141, with a best estimate of $513,797. 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
$513,797
$559,814
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 $476,702 and $550,141. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,452 for 26 sqft more living space and +$300 for being newer. Net adjustment: +$6,752.
Adjusted -$17,619 for 71 sqft less living space and -$600 for being older. Net adjustment: -$18,219.
Adjusted +$44,917 for 181 sqft more living space. Net adjustment: +$44,917.
Adjusted +$3,971 for 16 sqft more living space. Net adjustment: +$3,971.
Adjusted -$95,542 for 385 sqft less living space and +$600 for being newer. Net adjustment: -$94,942.
The Neighborhood
This home is valued 14.9% above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. With 1,032 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
typicalThis home is +14.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,708 across all districts. With a homestead exemption claimed, that drops to $7,134 — saving $1,574 per year. That's $595 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% | $5,881 |
| Williamson County | County | 0.3694% | $2,068 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $511 |
| Williamson County FM/Rd | County | 0.0443% | $248 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $8,708 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $513,797 would pay approximately $3,207 per month (principal and interest only, excluding taxes and insurance).