502 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $326,903 and $786,205, with a best estimate of $667,577. That places the property above 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
$667,577
$791,263
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 $326,903 and $786,205. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$49,655 for 184 sqft more living space and +$4,724 for being newer. Net adjustment: +$54,379.
Adjusted -$220,207 for 816 sqft less living space and +$9,447 for being newer. Net adjustment: -$210,760.
Adjusted +$182,426 for 676 sqft more living space and -$14,171 for being older. Net adjustment: +$168,255.
Adjusted -$145,455 for 539 sqft less living space and +$9,447 for being newer. Net adjustment: -$136,008.
Adjusted +$183,506 for 680 sqft more living space and +$4,724 for being newer. Net adjustment: +$188,230.
The Neighborhood
This home is valued 59.1% above the G230698D - River Ridge & Riverview Estates - All median of $497,470. With 445 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
outlier highThis home is +59.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,380 across all districts. With a homestead exemption claimed, that drops to $12,624 — saving $1,756 per year. That's $1,052 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% | $8,313 |
| Williamson County | County | 0.3694% | $2,923 |
| Georgetown | City | 0.3530% | $2,793 |
| Williamson County FM/Rd | County | 0.0443% | $351 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $14,380 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $667,577 would pay approximately $4,167 per month (principal and interest only, excluding taxes and insurance).