508 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $273,645 and $427,403, with a best estimate of $316,851. That places the property below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$316,851
$397,619
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $273,645 and $427,403. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$175,841 for 839 sqft less living space and +$1,613 for being newer. Net adjustment: -$174,228.
Adjusted -$72,307 for 345 sqft less living space and +$403 for being newer. Net adjustment: -$71,904.
Adjusted -$142,308 for 679 sqft less living space. Net adjustment: -$142,308.
Adjusted -$99,972 for 477 sqft less living space and -$806 for being older. Net adjustment: -$100,778.
Adjusted +$6,497 for 31 sqft more living space and -$403 for being older. Net adjustment: +$6,094.
The Neighborhood
This home is valued 5.4% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is +5.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,226 across all districts. With a homestead exemption claimed, that drops to $5,612 — saving $1,614 per year. That's $468 per month a buyer should budget. The assessed value increased +7.4% vs the subdivision average of -0.4%. This above-average increase gives a protest opportunity score of 54 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $4,177 |
| Williamson County | County | 0.3694% | $1,469 |
| Georgetown | City | 0.3530% | $1,404 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,226 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $316,851 would pay approximately $1,978 per month (principal and interest only, excluding taxes and insurance).