511 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $469,238 and $559,204, with a best estimate of $531,421. 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
$531,421
$495,728
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $469,238 and $559,204. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$34,003 for 126 sqft less living space and -$4,724 for being older. Net adjustment: -$38,727.
Adjusted +$177,839 for 659 sqft more living space and -$14,171 for being older. Net adjustment: +$163,668.
Adjusted +$26,716 for 99 sqft more living space and +$18,895 for being newer. Net adjustment: +$45,611.
Adjusted +$9,445 for 35 sqft more living space. Net adjustment: +$9,445.
Adjusted -$42,368 for 157 sqft less living space. Net adjustment: -$42,368.
The Neighborhood
This home is in line with the G230698D - River Ridge & Riverview Estates - All median of $497,470. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
typicalThis home is -0.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,838 across all districts. With a homestead exemption claimed, that drops to $7,191 — saving $1,647 per year. That's $599 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% | $5,109 |
| Williamson County | County | 0.3694% | $1,797 |
| Georgetown | City | 0.3530% | $1,717 |
| Williamson County FM/Rd | County | 0.0443% | $216 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,838 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $531,421 would pay approximately $3,317 per month (principal and interest only, excluding taxes and insurance).