942 MADRONE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $425,500 and $761,320, with a best estimate of $501,962. That places the property above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$501,962
$450,028
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $425,500 and $761,320. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$165,822 for 800 sqft more living space. Net adjustment: +$165,822.
Adjusted -$30,677 for 148 sqft less living space. Net adjustment: -$30,677.
Adjusted +$15,960 for 77 sqft more living space. Net adjustment: +$15,960.
Adjusted +$211,215 for 1,019 sqft more living space. Net adjustment: +$211,215.
Adjusted -$27,361 for 132 sqft less living space. Net adjustment: -$27,361.
The Neighborhood
This home is valued 3.6% above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. With 668 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
typicalThis home is +3.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,719 across all districts. With a homestead exemption claimed, that drops to $7,085 — saving $1,634 per year. That's $590 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% | $4,728 |
| Williamson County | County | 0.3694% | $1,663 |
| Georgetown | City | 0.3530% | $1,589 |
| Georgetown Village PID | pid | 0.1200% | $540 |
| Williamson County FM/Rd | County | 0.0443% | $199 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $8,719 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $501,962 would pay approximately $3,133 per month (principal and interest only, excluding taxes and insurance).