331 RIDGEWOOD RD W, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $427,291 and $685,339, with a best estimate of $565,510. That places the property below the G730590D - North Lake median of $597,120, in a neighborhood that appreciated 5.3% over the past year.
Estimated Value Range
$565,510
$576,194
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G730590D - North Lake, this home's estimated market value is between $427,291 and $685,339. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$110,907 for 383 sqft less living space and +$16,177 for being newer. Net adjustment: -$94,730.
Adjusted +$78,185 for 270 sqft more living space and +$32,354 for being newer. Net adjustment: +$110,539.
Adjusted +$59,652 for 206 sqft more living space and +$32,354 for being newer. Net adjustment: +$92,006.
Adjusted -$110,907 for 383 sqft less living space and -$56,619 for being older. Net adjustment: -$167,526.
Adjusted -$121,622 for 420 sqft less living space and +$24,265 for being newer. Net adjustment: -$97,357.
The Neighborhood
This home is valued 3.5% below the G730590D - North Lake median of $597,120. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.3% over the past year.
G730590D - North Lake
typicalThis home is -3.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,963 across all districts. With a homestead exemption claimed, that drops to $7,386 — saving $1,577 per year. That's $616 per month a buyer should budget. The assessed value increased +9.8% vs the subdivision average of +5.3%. This above-average increase gives a protest opportunity score of 43 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $6,053 |
| Williamson County | County | 0.3694% | $2,129 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $525 |
| Williamson County FM/Rd | County | 0.0443% | $255 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $8,963 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $565,510 would pay approximately $3,530 per month (principal and interest only, excluding taxes and insurance).