501 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $464,960 and $697,014, with a best estimate of $583,195. 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
$583,195
$526,230
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 $464,960 and $697,014. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$69,085 for 256 sqft less living space and -$96,544 for no pool. Net adjustment: -$165,629.
Adjusted -$10,525 for 39 sqft less living space and +$4,724 for being newer. Net adjustment: -$5,801.
Adjusted +$97,960 for 363 sqft more living space and -$18,895 for being older. Net adjustment: +$79,065.
Adjusted -$229,922 for 852 sqft less living space and +$4,724 for being newer. Net adjustment: -$225,198.
Adjusted -$34,812 for 129 sqft less living space. Net adjustment: -$34,812.
The Neighborhood
This home is valued 5.8% 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
typicalThis home is +5.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,564 across all districts. With a homestead exemption claimed, that drops to $7,903 — saving $1,661 per year. That's $659 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% | $5,529 |
| Williamson County | County | 0.3694% | $1,944 |
| Georgetown | City | 0.3530% | $1,858 |
| Williamson County FM/Rd | County | 0.0443% | $233 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,564 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $583,195 would pay approximately $3,640 per month (principal and interest only, excluding taxes and insurance).