304 NORWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $179,875 and $249,405, with a best estimate of $240,051. That places the property below 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
$240,051
$526,171
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 $179,875 and $249,405. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$288,212 for 1,068 sqft less living space. Net adjustment: -$288,212.
Adjusted -$191,602 for 710 sqft less living space. Net adjustment: -$191,602.
Adjusted -$207,524 for 769 sqft less living space. Net adjustment: -$207,524.
Adjusted -$333,279 for 1,235 sqft less living space and -$9,447 for being older. Net adjustment: -$342,726.
Adjusted -$204,555 for 758 sqft less living space and +$9,447 for being newer. Net adjustment: -$195,108.
The Neighborhood
This home is valued 5.8% 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 +5.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,563 across all districts. With a homestead exemption claimed, that drops to $7,902 — saving $1,661 per year. That's $659 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% | $5,528 |
| Williamson County | County | 0.3694% | $1,944 |
| Georgetown | City | 0.3530% | $1,857 |
| Williamson County FM/Rd | County | 0.0443% | $233 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,563 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $240,051 would pay approximately $1,498 per month (principal and interest only, excluding taxes and insurance).