4622 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $294,717 and $456,639, with a best estimate of $324,685. That places the property below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$324,685
$478,807
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $294,717 and $456,639. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$48,458 for 224 sqft less living space. Net adjustment: -$48,458.
Adjusted -$58,193 for 269 sqft less living space and +$397 for being newer. Net adjustment: -$57,796.
Adjusted -$19,470 for 90 sqft less living space and +$530 for being newer. Net adjustment: -$18,940.
Adjusted -$38,507 for 178 sqft less living space and +$795 for being newer. Net adjustment: -$37,712.
Adjusted -$84,153 for 389 sqft less living space and +$662 for being newer. Net adjustment: -$83,491.
The Neighborhood
This home is valued 22.5% above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. With 480 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
above averageThis home is +22.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,276 across all districts. With a homestead exemption claimed, that drops to $7,632 — saving $1,644 per year. That's $636 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% | $5,030 |
| Williamson County | County | 0.3694% | $1,769 |
| Georgetown | City | 0.3530% | $1,690 |
| Georgetown Village PID | pid | 0.1200% | $575 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $9,276 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $324,685 would pay approximately $2,027 per month (principal and interest only, excluding taxes and insurance).