408 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $259,768 and $430,757, with a best estimate of $367,647. 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
$367,647
$466,416
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 $259,768 and $430,757. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$8,593 for 41 sqft more living space and -$2,419 for being older. Net adjustment: +$6,174.
Adjusted -$66,857 for 319 sqft less living space and +$3,226 for being newer. Net adjustment: -$63,631.
Adjusted +$20,330 for 97 sqft more living space and -$806 for being older. Net adjustment: +$19,524.
Adjusted -$134,343 for 641 sqft less living space and +$806 for being newer. Net adjustment: -$133,537.
Adjusted -$101,020 for 482 sqft less living space and -$2,016 for being older. Net adjustment: -$103,036.
The Neighborhood
This home is valued 23.7% 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
above averageThis home is +23.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,477 across all districts. With a homestead exemption claimed, that drops to $6,837 — saving $1,640 per year. That's $570 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% | $4,900 |
| Williamson County | County | 0.3694% | $1,723 |
| Georgetown | City | 0.3530% | $1,646 |
| Williamson County FM/Rd | County | 0.0443% | $207 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,477 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $367,647 would pay approximately $2,295 per month (principal and interest only, excluding taxes and insurance).