947 MADRONE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $476,007 and $580,837, with a best estimate of $519,811. That places the property above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$519,811
$471,496
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $476,007 and $580,837. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$7,669 for 37 sqft more living space. Net adjustment: +$7,669.
Adjusted +$88,093 for 425 sqft more living space. Net adjustment: +$88,093.
Adjusted +$11,608 for 56 sqft more living space and +$410 for being newer. Net adjustment: +$12,018.
Adjusted +$63,634 for 307 sqft more living space. Net adjustment: +$63,634.
Adjusted +$94,311 for 455 sqft more living space. Net adjustment: +$94,311.
The Neighborhood
This home is valued 8.6% above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. With 668 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
typicalThis home is +8.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,135 across all districts. With a homestead exemption claimed, that drops to $7,493 — saving $1,642 per year. That's $624 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% | $4,954 |
| Williamson County | County | 0.3694% | $1,742 |
| Georgetown | City | 0.3530% | $1,664 |
| Georgetown Village PID | pid | 0.1200% | $566 |
| Williamson County FM/Rd | County | 0.0443% | $209 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $9,135 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $519,811 would pay approximately $3,245 per month (principal and interest only, excluding taxes and insurance).