4910 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $280,246 and $459,019, with a best estimate of $285,843. That places the property below 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
$285,843
$457,803
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 $280,246 and $459,019. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$79,394 for 367 sqft less living space. Net adjustment: -$79,394.
Adjusted -$70,740 for 327 sqft less living space and +$795 for being newer. Net adjustment: -$69,945.
Adjusted -$137,803 for 637 sqft less living space and +$132 for being newer. Net adjustment: -$137,671.
Adjusted -$143,428 for 663 sqft less living space and +$795 for being newer. Net adjustment: -$142,633.
Adjusted +$21,417 for 99 sqft more living space and +$795 for being newer. Net adjustment: +$22,212.
The Neighborhood
This home is valued 17.1% 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
above averageThis home is +17.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,869 across all districts. With a homestead exemption claimed, that drops to $7,233 — saving $1,636 per year. That's $603 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% | $4,810 |
| Williamson County | County | 0.3694% | $1,691 |
| Georgetown | City | 0.3530% | $1,616 |
| Georgetown Village PID | pid | 0.1200% | $549 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $8,869 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $285,843 would pay approximately $1,784 per month (principal and interest only, excluding taxes and insurance).