500 RIDGECREST RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $471,929 and $628,848, with a best estimate of $499,358. That places the property below the G180580F - Oakcrest Estates (Riverside & Spring) median of $521,372, in a neighborhood that appreciated 15.7% over the past year.
Estimated Value Range
$499,358
$455,430
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G180580F - Oakcrest Estates (Riverside & Spring), this home's estimated market value is between $471,929 and $628,848. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$31,654 for 116 sqft less living space and -$17,716 for being older. Net adjustment: -$49,370.
Adjusted -$6,822 for 25 sqft less living space. Net adjustment: -$6,822.
Adjusted -$36,292 for 133 sqft less living space and -$2,214 for being older. Net adjustment: -$38,506.
Adjusted +$72,585 for 266 sqft more living space and -$17,716 for being older. Net adjustment: +$54,869.
Adjusted +$81,863 for 300 sqft more living space and -$17,716 for being older. Net adjustment: +$64,147.
The Neighborhood
This home is valued 12.6% below the G180580F - Oakcrest Estates (Riverside & Spring) median of $521,372. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 15.7% over the past year.
G180580F - Oakcrest Estates (Riverside & Spring)
typicalThis home is -12.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,702 across all districts. With a homestead exemption claimed, that drops to $6,078 — saving $1,624 per year. That's $507 per month a buyer should budget. The assessed value increased +18.2% vs the subdivision average of +15.7%. This above-average increase gives a protest opportunity score of 53 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,453 |
| Williamson County | County | 0.3694% | $1,566 |
| Georgetown | City | 0.3530% | $1,496 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,702 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $499,358 would pay approximately $3,117 per month (principal and interest only, excluding taxes and insurance).