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500 RIDGEWOOD DR, GEORGETOWN, TX 78628

GEORGETOWN, 78628 — williamson County

3 bed2 bath2,116 sqftBuilt 1984

Property at a Glance

This home is estimated between $336,311 and $484,528, with a best estimate of $380,231. That places the property above 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

$336,311 $484,528
Best Estimate
$380,231
WCAD Value
$383,245
Medium Confidence

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 $336,311 and $484,528. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

502 RIDGEWOOD DR, GEORGETOWN, TX 78628
0.01 mi 100% similar Same subdivision
3 bed 2 bath 2,496 sqft Built 1984
Raw Value $415,953
Adjusted Value $336,311

Adjusted -$79,642 for 380 sqft less living space. Net adjustment: -$79,642.

406 RIDGEWOOD DR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 1,608 sqft Built 1984
Raw Value $359,321
Adjusted Value $465,790

Adjusted +$106,469 for 508 sqft more living space. Net adjustment: +$106,469.

409 INNWOOD CI, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
3 bed 2 bath 2,162 sqft Built 1983
Raw Value $388,755
Adjusted Value $379,517

Adjusted -$9,641 for 46 sqft less living space and +$403 for being newer. Net adjustment: -$9,238.

407 INNWOOD CIR, GEORGETOWN, TX 78628
0.03 mi 100% similar Same subdivision
4 bed 2 bath 2,256 sqft Built 1976
Raw Value $406,347
Adjusted Value $380,231

Adjusted -$29,342 for 140 sqft less living space and +$3,226 for being newer. Net adjustment: -$26,116.

3 bed 2 bath 1,899 sqft Built 1984
Raw Value $439,048
Adjusted Value $484,528

Adjusted +$45,480 for 217 sqft more living space. Net adjustment: +$45,480.

The Neighborhood

This home is valued 1.6% 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

typical
358 Properties
$377,162 Median Value
-0.4% YoY Change
4% Have Pool
96% Have Garage
This Home
$383,245
Median
$377,162

This home is +1.6% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,965 across all districts. With a homestead exemption claimed, that drops to $5,356 — saving $1,609 per year. That's $446 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

DistrictTypeRateAnnual Amount
Georgetown ISDSchool1.0506%$4,026
Williamson CountyCounty0.3694%$1,416
GeorgetownCity0.3530%$1,353
Williamson County FM/RdCounty0.0443%$170
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.8174%$6,965

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $380,231 would pay approximately $2,373 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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