4605 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $395,601 and $414,857, with a best estimate of $402,568. 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
$402,568
$405,425
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 $395,601 and $414,857. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
This comparable closely matches the subject property's features.
This comparable closely matches the subject property's features.
This comparable closely matches the subject property's features.
Adjusted -$132 for being older. Net adjustment: -$132.
The Neighborhood
This home is valued 3.7% 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 +3.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,855 across all districts. With a homestead exemption claimed, that drops to $6,237 — saving $1,618 per year. That's $520 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% | $4,259 |
| Williamson County | County | 0.3694% | $1,498 |
| Georgetown | City | 0.3530% | $1,431 |
| Georgetown Village PID | pid | 0.1200% | $487 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,855 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $402,568 would pay approximately $2,513 per month (principal and interest only, excluding taxes and insurance).