4302 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $407,411 and $581,870, with a best estimate of $490,525. That places the property above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106, in a neighborhood that appreciated 2.1% over the past year.
Estimated Value Range
$490,525
$474,214
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST, this home's estimated market value is between $407,411 and $581,870. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$68,492 for 276 sqft less living space. Net adjustment: -$68,492.
Adjusted -$6,452 for 26 sqft less living space and -$300 for being older. Net adjustment: -$6,752.
Adjusted +$60,551 for 244 sqft more living space and +$300 for being newer. Net adjustment: +$60,851.
Adjusted +$43,180 for 174 sqft more living space and +$6,900 for being newer. Net adjustment: +$50,080.
Adjusted -$34,743 for 140 sqft less living space. Net adjustment: -$34,743.
The Neighborhood
This home is valued 2.6% below the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
typicalThis home is -2.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,377 across all districts. With a homestead exemption claimed, that drops to $5,818 — saving $1,559 per year. That's $485 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% | $4,982 |
| Williamson County | County | 0.3694% | $1,752 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $432 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,377 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $490,525 would pay approximately $3,062 per month (principal and interest only, excluding taxes and insurance).