4208 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $491,906 and $578,033, with a best estimate of $515,392. That places the property above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106, in a neighborhood that appreciated 2.1% over the past year.
Estimated Value Range
$515,392
$522,547
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST, this home's estimated market value is between $491,906 and $578,033. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$16,130 for 65 sqft more living space and +$900 for being newer. Net adjustment: +$17,030.
Adjusted +$17,619 for 71 sqft more living space and +$600 for being newer. Net adjustment: +$18,219.
Adjusted +$15,386 for 62 sqft more living space and +$600 for being newer. Net adjustment: +$15,986.
Adjusted +$21,590 for 87 sqft more living space and +$600 for being newer. Net adjustment: +$22,190.
Adjusted +$26,553 for 107 sqft more living space and +$900 for being newer. Net adjustment: +$27,453.
The Neighborhood
This home is valued 7.3% above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. With 1,032 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
typicalThis home is +7.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,129 across all districts. With a homestead exemption claimed, that drops to $6,561 — saving $1,568 per year. That's $547 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% | $5,490 |
| Williamson County | County | 0.3694% | $1,931 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $8,129 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $515,392 would pay approximately $3,217 per month (principal and interest only, excluding taxes and insurance).