4200 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $445,758 and $723,871, with a best estimate of $503,363. 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
$503,363
$515,469
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 $445,758 and $723,871. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$143,189 for 577 sqft less living space. Net adjustment: -$143,189.
Adjusted +$18,860 for 76 sqft more living space. Net adjustment: +$18,860.
Adjusted -$49,384 for 199 sqft less living space and -$300 for being older. Net adjustment: -$49,684.
Adjusted +$176,691 for 712 sqft more living space. Net adjustment: +$176,691.
Adjusted -$97,031 for 391 sqft less living space and -$600 for being older. Net adjustment: -$97,631.
The Neighborhood
This home is valued 5.8% 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 +5.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,019 across all districts. With a homestead exemption claimed, that drops to $6,452 — saving $1,567 per year. That's $538 per month a buyer should budget. The assessed value increased +6.0% vs the subdivision average of +2.1%. This above-average increase gives a protest opportunity score of 35 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $5,416 |
| Williamson County | County | 0.3694% | $1,904 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $470 |
| Williamson County FM/Rd | County | 0.0443% | $229 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $8,019 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $503,363 would pay approximately $3,142 per month (principal and interest only, excluding taxes and insurance).