407 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $324,685 and $726,689, with a best estimate of $419,720. That places the property below 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
$419,720
$439,048
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G230698D - River Ridge & Riverview Estates - All. The estimated range of $324,685 and $726,689 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$131,962 for 489 sqft more living space and -$9,447 for being older. Net adjustment: +$122,515.
Adjusted -$58,560 for 217 sqft less living space. Net adjustment: -$58,560.
Adjusted +$48,305 for 179 sqft more living space and +$9,447 for being newer. Net adjustment: +$57,752.
Adjusted -$42,908 for 159 sqft less living space and -$9,447 for being older. Net adjustment: -$52,355.
Adjusted +$60,179 for 223 sqft more living space. Net adjustment: +$60,179.
The Neighborhood
This home is valued 11.7% 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
typicalThis home is -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,979 across all districts. With a homestead exemption claimed, that drops to $6,350 — saving $1,629 per year. That's $529 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% | $4,613 |
| Williamson County | County | 0.3694% | $1,622 |
| Georgetown | City | 0.3530% | $1,550 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,979 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $419,720 would pay approximately $2,620 per month (principal and interest only, excluding taxes and insurance).