301 NORWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $325,442 and $612,839, with a best estimate of $375,175. That places the property below 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
$375,175
$420,104
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 $325,442 and $612,839. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$40,749 for 151 sqft less living space. Net adjustment: -$40,749.
Adjusted -$94,721 for 351 sqft less living space and +$4,724 for being newer. Net adjustment: -$89,997.
Adjusted -$71,783 for 266 sqft less living space and -$37,790 for being older. Net adjustment: -$109,573.
Adjusted +$10,255 for 38 sqft more living space. Net adjustment: +$10,255.
Adjusted +$38,320 for 142 sqft more living space. Net adjustment: +$38,320.
The Neighborhood
This home is valued 15.6% below the G230698D - River Ridge & Riverview Estates - All median of $497,470. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
below averageThis home is -15.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,635 across all districts. With a homestead exemption claimed, that drops to $6,012 — saving $1,623 per year. That's $501 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% | $4,414 |
| Williamson County | County | 0.3694% | $1,552 |
| Georgetown | City | 0.3530% | $1,483 |
| Williamson County FM/Rd | County | 0.0443% | $186 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,635 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $375,175 would pay approximately $2,342 per month (principal and interest only, excluding taxes and insurance).