704 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $650,747 and $1,275,853, with a best estimate of $1,036,413. 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
$1,036,413
$1,045,204
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 $650,747 and $1,275,853. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$99,849 for 370 sqft more living space and +$37,790 for being newer. Net adjustment: +$137,639.
Adjusted +$129,534 for 480 sqft more living space and +$37,790 for being newer. Net adjustment: +$167,324.
Adjusted +$31,844 for 118 sqft more living space and +$23,619 for being newer. Net adjustment: +$55,463.
Adjusted +$30,225 for 112 sqft more living space and +$18,895 for being newer. Net adjustment: +$49,120.
Adjusted +$45,337 for 168 sqft more living space and -$28,342 for being older. Net adjustment: +$16,995.
The Neighborhood
This home is valued 110.1% above the G230698D - River Ridge & Riverview Estates - All median of $497,470. With 445 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
outlier highThis home is +110.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,995 across all districts. With a homestead exemption claimed, that drops to $17,147 — saving $1,848 per year. That's $1,429 per month a buyer should budget. The assessed value increased +1.6% vs the subdivision average of -5.7%. This above-average increase gives a protest opportunity score of 37 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $10,981 |
| Williamson County | County | 0.3694% | $3,861 |
| Georgetown | City | 0.3530% | $3,690 |
| Williamson County FM/Rd | County | 0.0443% | $463 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $18,995 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,036,413 would pay approximately $6,469 per month (principal and interest only, excluding taxes and insurance).