305 RIVER RIDGE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $361,128 and $606,586, with a best estimate of $538,545. 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
$538,545
$520,295
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 $361,128 and $606,586. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,419 for 298 sqft less living space and -$9,447 for being older. Net adjustment: -$89,866.
Adjusted +$80,419 for 298 sqft more living space and -$4,724 for being older. Net adjustment: +$75,695.
Adjusted +$3,238 for 12 sqft more living space and -$9,447 for being older. Net adjustment: -$6,209.
Adjusted -$49,115 for 182 sqft less living space. Net adjustment: -$49,115.
Adjusted +$127,105 for 471 sqft more living space and -$9,447 for being older. Net adjustment: +$117,658.
The Neighborhood
This home is valued 4.6% 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 +4.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,456 across all districts. With a homestead exemption claimed, that drops to $7,797 — saving $1,659 per year. That's $650 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% | $5,466 |
| Williamson County | County | 0.3694% | $1,922 |
| Georgetown | City | 0.3530% | $1,837 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,456 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $538,545 would pay approximately $3,362 per month (principal and interest only, excluding taxes and insurance).