506 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $363,631 and $599,314, with a best estimate of $515,651. 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
$515,651
$395,594
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 $363,631 and $599,314. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,670 for 147 sqft more living space. Net adjustment: +$39,670.
Adjusted -$2,699 for 10 sqft less living space and -$37,790 for being older. Net adjustment: -$40,489.
Adjusted +$33,733 for 125 sqft more living space and -$33,066 for being older. Net adjustment: +$667.
Adjusted -$63,148 for 234 sqft less living space and -$47,237 for being older. Net adjustment: -$110,385.
Adjusted +$52,083 for 193 sqft more living space and -$51,961 for being older. Net adjustment: +$122.
The Neighborhood
This home is valued 20.5% 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 -20.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,189 across all districts. With a homestead exemption claimed, that drops to $5,576 — saving $1,613 per year. That's $465 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% | $4,156 |
| Williamson County | County | 0.3694% | $1,462 |
| Georgetown | City | 0.3530% | $1,396 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,189 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $515,651 would pay approximately $3,219 per month (principal and interest only, excluding taxes and insurance).