504 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $253,691 and $508,334, with a best estimate of $372,839. That places the property below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$372,839
$424,583
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 $253,691 and $508,334. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$22,006 for 105 sqft more living space and -$1,613 for being older. Net adjustment: +$20,393.
Adjusted -$8,593 for 41 sqft less living space and +$2,419 for being newer. Net adjustment: -$6,174.
Adjusted -$105,630 for 504 sqft less living space. Net adjustment: -$105,630.
Adjusted -$75,450 for 360 sqft less living space and +$5,645 for being newer. Net adjustment: -$69,805.
Adjusted +$11,737 for 56 sqft more living space and +$1,613 for being newer. Net adjustment: +$13,350.
The Neighborhood
This home is valued 12.6% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is +12.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,716 across all districts. With a homestead exemption claimed, that drops to $6,092 — saving $1,624 per year. That's $508 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% | $4,461 |
| Williamson County | County | 0.3694% | $1,569 |
| Georgetown | City | 0.3530% | $1,499 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,716 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $372,839 would pay approximately $2,327 per month (principal and interest only, excluding taxes and insurance).