407 NORWOOD W, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $361,945 and $623,658, with a best estimate of $593,754. 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
$593,754
$593,661
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 $361,945 and $623,658. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$100,119 for 371 sqft more living space and -$4,724 for being older. Net adjustment: +$95,395.
Adjusted +$108,484 for 402 sqft more living space and +$4,724 for being newer. Net adjustment: +$113,208.
Adjusted +$151,123 for 560 sqft more living space. Net adjustment: +$151,123.
Adjusted -$127,645 for 473 sqft less living space and +$9,447 for being newer. Net adjustment: -$118,198.
Adjusted -$97,150 for 360 sqft less living space and -$18,895 for being older. Net adjustment: -$116,045.
The Neighborhood
This home is valued 19.3% 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 +19.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,789 across all districts. With a homestead exemption claimed, that drops to $9,104 — saving $1,685 per year. That's $759 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% | $6,237 |
| Williamson County | County | 0.3694% | $2,193 |
| Georgetown | City | 0.3530% | $2,096 |
| Williamson County FM/Rd | County | 0.0443% | $263 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,789 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $593,754 would pay approximately $3,706 per month (principal and interest only, excluding taxes and insurance).