4209 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $467,468 and $526,845, with a best estimate of $497,277. 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
$497,277
$464,453
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 $467,468 and $526,845. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$11,167 for 45 sqft less living space and -$300 for being older. Net adjustment: -$11,467.
Adjusted +$74,945 for 302 sqft more living space and -$300 for being older. Net adjustment: +$74,645.
Adjusted -$10,423 for 42 sqft less living space. Net adjustment: -$10,423.
Adjusted -$993 for 4 sqft less living space. Net adjustment: -$993.
Adjusted -$4,963 for 20 sqft less living space and -$300 for being older. Net adjustment: -$5,263.
The Neighborhood
This home is valued 4.7% 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 -4.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,225 across all districts. With a homestead exemption claimed, that drops to $5,668 — saving $1,557 per year. That's $472 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% | $4,880 |
| Williamson County | County | 0.3694% | $1,716 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,225 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $497,277 would pay approximately $3,104 per month (principal and interest only, excluding taxes and insurance).