406 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $411,000 and $623,008, with a best estimate of $537,543. That places the property above the G230698D - River Ridge & Riverview Estates - All median of $497,470, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$537,543
$561,904
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G230698D - River Ridge & Riverview Estates - All, this home's estimated market value is between $411,000 and $623,008. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$132,772 for 492 sqft less living space and +$18,895 for being newer. Net adjustment: -$113,877.
Adjusted -$97,960 for 363 sqft less living space and +$18,895 for being newer. Net adjustment: -$79,065.
Adjusted -$182,426 for 676 sqft less living space and +$14,171 for being newer. Net adjustment: -$168,255.
Adjusted -$79,069 for 293 sqft less living space and +$14,171 for being newer. Net adjustment: -$64,898.
Adjusted -$167,044 for 619 sqft less living space and +$18,895 for being newer and -$96,544 for no pool. Net adjustment: -$244,693.
The Neighborhood
This home is valued 13.0% above the G230698D - River Ridge & Riverview Estates - All median of $497,470. With 445 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
typicalThis home is +13.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,212 across all districts. With a homestead exemption claimed, that drops to $8,538 — saving $1,674 per year. That's $712 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% | $5,903 |
| Williamson County | County | 0.3694% | $2,076 |
| Georgetown | City | 0.3530% | $1,984 |
| Williamson County FM/Rd | County | 0.0443% | $249 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,212 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $537,543 would pay approximately $3,355 per month (principal and interest only, excluding taxes and insurance).