508 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $370,217 and $550,736, with a best estimate of $476,035. That places the property below 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
$476,035
$613,640
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 $370,217 and $550,736. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$179,458 for 665 sqft less living space and +$28,342 for being newer. Net adjustment: -$151,116.
Adjusted -$28,605 for 106 sqft less living space and +$42,513 for being newer. Net adjustment: +$13,908.
Adjusted -$61,798 for 229 sqft less living space and +$23,619 for being newer. Net adjustment: -$38,179.
Adjusted +$82,308 for 305 sqft more living space and +$37,790 for being newer. Net adjustment: +$120,098.
Adjusted -$10,255 for 38 sqft less living space and +$33,066 for being newer. Net adjustment: +$22,811.
The Neighborhood
This home is valued 23.4% 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
above averageThis home is +23.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,152 across all districts. With a homestead exemption claimed, that drops to $9,460 — saving $1,692 per year. That's $788 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% | $6,447 |
| Williamson County | County | 0.3694% | $2,267 |
| Georgetown | City | 0.3530% | $2,166 |
| Williamson County FM/Rd | County | 0.0443% | $272 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,152 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $476,035 would pay approximately $2,971 per month (principal and interest only, excluding taxes and insurance).