118 RIDGE OAK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $361,826 and $497,652, with a best estimate of $422,138. That places the property above 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
$422,138
$417,126
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $361,826 and $497,652. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$37,096 for 177 sqft less living space. Net adjustment: -$37,096.
Adjusted +$93,475 for 446 sqft more living space. Net adjustment: +$93,475.
Adjusted +$83,834 for 400 sqft more living space and -$8,692 for no pool. Net adjustment: +$75,142.
Adjusted +$45,270 for 216 sqft more living space. Net adjustment: +$45,270.
Adjusted -$14,252 for 68 sqft less living space. Net adjustment: -$14,252.
The Neighborhood
This home is valued 10.6% 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 +10.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,581 across all districts. With a homestead exemption claimed, that drops to $5,959 — saving $1,622 per year. That's $497 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% | $4,382 |
| Williamson County | County | 0.3694% | $1,541 |
| Georgetown | City | 0.3530% | $1,472 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,581 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $422,138 would pay approximately $2,635 per month (principal and interest only, excluding taxes and insurance).