224 E RIDGEWOOD RD, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $392,757 and $803,579, with a best estimate of $799,408. That places the property below the G748514C - OAKLAND PARK median of $895,887, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$799,408
$1,060,397
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in G748514C - OAKLAND PARK. The estimated range of $392,757 and $803,579 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$241,874 for 779 sqft more living space and -$72,480 for being older. Net adjustment: +$169,394.
Adjusted +$290,932 for 937 sqft more living space and +$48,320 for being newer. Net adjustment: +$339,252.
Adjusted +$330,985 for 1,066 sqft more living space and +$60,400 for being newer. Net adjustment: +$391,385.
Adjusted +$333,780 for 1,075 sqft more living space and +$60,400 for being newer. Net adjustment: +$394,180.
Adjusted +$333,780 for 1,075 sqft more living space and +$60,400 for being newer. Net adjustment: +$394,180.
The Neighborhood
This home is valued 18.4% above the G748514C - OAKLAND PARK median of $895,887. With 19 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
G748514C - OAKLAND PARK
above averageThis home is +18.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,495 across all districts. With a homestead exemption claimed, that drops to $14,829 — saving $1,666 per year. That's $1,236 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% | $11,141 |
| Williamson County | County | 0.3694% | $3,918 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $967 |
| Williamson County FM/Rd | County | 0.0443% | $470 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $16,495 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $799,408 would pay approximately $4,990 per month (principal and interest only, excluding taxes and insurance).