601 INNWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $305,570 and $383,829, with a best estimate of $367,754. 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
$367,754
$395,536
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 $305,570 and $383,829. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$177,839 for 659 sqft less living space and +$14,171 for being newer. Net adjustment: -$163,668.
Adjusted -$168,394 for 624 sqft less living space and +$14,171 for being newer. Net adjustment: -$154,223.
Adjusted -$211,841 for 785 sqft less living space and +$9,447 for being newer. Net adjustment: -$202,394.
Adjusted -$151,123 for 560 sqft less living space and +$33,066 for being newer. Net adjustment: -$118,057.
Adjusted -$160,298 for 594 sqft less living space. Net adjustment: -$160,298.
The Neighborhood
This home is valued 20.5% 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
below averageThis home is -20.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,188 across all districts. With a homestead exemption claimed, that drops to $5,575 — saving $1,613 per year. That's $465 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% | $4,156 |
| Williamson County | County | 0.3694% | $1,461 |
| Georgetown | City | 0.3530% | $1,396 |
| Williamson County FM/Rd | County | 0.0443% | $175 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,188 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $367,754 would pay approximately $2,296 per month (principal and interest only, excluding taxes and insurance).