4714 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $362,136 and $537,331, with a best estimate of $400,295. That places the property above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$400,295
$420,854
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $362,136 and $537,331. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$15,143 for 70 sqft less living space and +$397 for being newer. Net adjustment: -$14,746.
Adjusted +$61,222 for 283 sqft more living space and +$530 for being newer. Net adjustment: +$61,752.
Adjusted +$22,498 for 104 sqft more living space and +$397 for being newer. Net adjustment: +$22,895.
Adjusted +$32,233 for 149 sqft more living space. Net adjustment: +$32,233.
Adjusted -$14,494 for 67 sqft less living space and +$265 for being newer. Net adjustment: -$14,229.
The Neighborhood
This home is valued 7.7% above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. With 480 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is +7.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,154 across all districts. With a homestead exemption claimed, that drops to $6,531 — saving $1,623 per year. That's $544 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% | $4,421 |
| Williamson County | County | 0.3694% | $1,555 |
| Georgetown | City | 0.3530% | $1,486 |
| Georgetown Village PID | pid | 0.1200% | $505 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $8,154 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $400,295 would pay approximately $2,499 per month (principal and interest only, excluding taxes and insurance).