4818 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $250,314 and $475,548, with a best estimate of $419,986. That places the property above 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
$419,986
$436,807
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 $250,314 and $475,548. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$92,157 for 426 sqft less living space. Net adjustment: -$92,157.
Adjusted -$159,220 for 736 sqft less living space and -$530 for being older. Net adjustment: -$159,750.
Adjusted -$76,798 for 355 sqft less living space and -$662 for being older. Net adjustment: -$77,460.
Adjusted -$21,417 for 99 sqft less living space and -$795 for being older. Net adjustment: -$22,212.
Adjusted -$6,706 for 31 sqft less living space and -$530 for being older. Net adjustment: -$7,236.
The Neighborhood
This home is valued 11.8% above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. With 480 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is +11.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,463 across all districts. With a homestead exemption claimed, that drops to $6,834 — saving $1,629 per year. That's $570 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% | $4,589 |
| Williamson County | County | 0.3694% | $1,614 |
| Georgetown | City | 0.3530% | $1,542 |
| Georgetown Village PID | pid | 0.1200% | $524 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $8,463 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,986 would pay approximately $2,622 per month (principal and interest only, excluding taxes and insurance).