405 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $397,767 and $746,276, with a best estimate of $560,320. 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
$560,320
$655,395
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $397,767 and $746,276. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$52,353 for 194 sqft less living space and +$42,513 for being newer. Net adjustment: -$9,840.
Adjusted -$19,970 for 74 sqft less living space and +$33,066 for being newer. Net adjustment: +$13,096.
Adjusted -$187,284 for 694 sqft less living space and +$51,961 for being newer. Net adjustment: -$135,323.
Adjusted +$30,225 for 112 sqft more living space and +$51,961 for being newer. Net adjustment: +$82,186.
Adjusted +$126,025 for 467 sqft more living space and -$9,447 for being older. Net adjustment: +$116,578.
The Neighborhood
This home is valued 31.7% 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 +31.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,911 across all districts. With a homestead exemption claimed, that drops to $10,203 — saving $1,708 per year. That's $850 per month a buyer should budget. The assessed value increased +1.4% vs the subdivision average of -5.7%. This above-average increase gives a protest opportunity score of 36 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $6,886 |
| Williamson County | County | 0.3694% | $2,421 |
| Georgetown | City | 0.3530% | $2,314 |
| Williamson County FM/Rd | County | 0.0443% | $291 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,911 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $560,320 would pay approximately $3,498 per month (principal and interest only, excluding taxes and insurance).