946 MADRONE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $407,862 and $791,997, with a best estimate of $480,705. 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
$480,705
$456,177
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 $407,862 and $791,997. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$30,677 for 148 sqft more living space. Net adjustment: +$30,677.
Adjusted +$46,637 for 225 sqft more living space. Net adjustment: +$46,637.
Adjusted +$241,892 for 1,167 sqft more living space. Net adjustment: +$241,892.
Adjusted -$51,197 for 247 sqft less living space. Net adjustment: -$51,197.
Adjusted -$63,634 for 307 sqft less living space. Net adjustment: -$63,634.
The Neighborhood
This home is valued 5.1% 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 +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,838 across all districts. With a homestead exemption claimed, that drops to $7,202 — saving $1,636 per year. That's $600 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% | $4,793 |
| Williamson County | County | 0.3694% | $1,685 |
| Georgetown | City | 0.3530% | $1,610 |
| Georgetown Village PID | pid | 0.1200% | $547 |
| Williamson County FM/Rd | County | 0.0443% | $202 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $8,838 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $480,705 would pay approximately $3,001 per month (principal and interest only, excluding taxes and insurance).