4506 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $331,560 and $385,806, with a best estimate of $335,896. That places the property below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$335,896
$378,003
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $331,560 and $385,806. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$39,805 for 184 sqft less living space and +$265 for being newer. Net adjustment: -$39,540.
Adjusted +$29,205 for 135 sqft more living space. Net adjustment: +$29,205.
Adjusted -$39,805 for 184 sqft less living space. Net adjustment: -$39,805.
Adjusted +$5,841 for 27 sqft more living space. Net adjustment: +$5,841.
Adjusted -$39,805 for 184 sqft less living space and +$265 for being newer. Net adjustment: -$39,540.
The Neighborhood
This home is valued 3.3% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -3.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,323 across all districts. With a homestead exemption claimed, that drops to $5,716 — saving $1,607 per year. That's $476 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% | $3,971 |
| Williamson County | County | 0.3694% | $1,397 |
| Georgetown | City | 0.3530% | $1,334 |
| Georgetown Village PID | pid | 0.1200% | $454 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,323 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $335,896 would pay approximately $2,097 per month (principal and interest only, excluding taxes and insurance).