4204 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $507,045 and $613,100, with a best estimate of $523,013. That places the property above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106, in a neighborhood that appreciated 2.1% over the past year.
Estimated Value Range
$523,013
$543,389
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST, this home's estimated market value is between $507,045 and $613,100. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$6,452 for 26 sqft less living space and -$300 for being older. Net adjustment: -$6,752.
Adjusted -$101,994 for 411 sqft less living space and +$300 for being newer. Net adjustment: -$101,694.
Adjusted +$38,465 for 155 sqft more living space and -$300 for being older. Net adjustment: +$38,165.
Adjusted -$68,492 for 276 sqft less living space and +$600 for being newer. Net adjustment: -$67,892.
Adjusted +$97,031 for 391 sqft more living space and +$600 for being newer. Net adjustment: +$97,631.
The Neighborhood
This home is valued 11.6% above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. With 1,032 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
typicalThis home is +11.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,440 across all districts. With a homestead exemption claimed, that drops to $6,869 — saving $1,571 per year. That's $572 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% | $5,700 |
| Williamson County | County | 0.3694% | $2,004 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $495 |
| Williamson County FM/Rd | County | 0.0443% | $241 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $8,440 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $523,013 would pay approximately $3,265 per month (principal and interest only, excluding taxes and insurance).