307 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $384,671 and $700,830, with a best estimate of $597,085. 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
$597,085
$547,224
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 $384,671 and $700,830. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$36,431 for 135 sqft less living space and +$18,895 for being newer. Net adjustment: -$17,536.
Adjusted -$87,975 for 326 sqft less living space and +$14,171 for being newer. Net adjustment: -$73,804.
Adjusted -$167,314 for 620 sqft less living space and +$18,895 for being newer. Net adjustment: -$148,419.
Adjusted +$35,892 for 133 sqft more living space and +$23,619 for being newer. Net adjustment: +$59,511.
Adjusted +$19,970 for 74 sqft more living space and -$33,066 for being older. Net adjustment: -$13,096.
The Neighborhood
This home is valued 10.0% 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
typicalThis home is +10.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,945 across all districts. With a homestead exemption claimed, that drops to $8,277 — saving $1,668 per year. That's $690 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% | $5,749 |
| Williamson County | County | 0.3694% | $2,022 |
| Georgetown | City | 0.3530% | $1,932 |
| Williamson County FM/Rd | County | 0.0443% | $243 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,945 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $597,085 would pay approximately $3,727 per month (principal and interest only, excluding taxes and insurance).