4814 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $366,861 and $492,775, with a best estimate of $393,932. That places the property above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$393,932
$379,960
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $366,861 and $492,775. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$26,609 for 123 sqft less living space and -$530 for being older. Net adjustment: -$27,139.
Adjusted -$34,180 for 158 sqft less living space. Net adjustment: -$34,180.
Adjusted +$8,221 for 38 sqft more living space and -$397 for being older. Net adjustment: +$7,824.
Adjusted +$38,507 for 178 sqft more living space. Net adjustment: +$38,507.
Adjusted -$36,993 for 171 sqft less living space and -$397 for being older. Net adjustment: -$37,390.
The Neighborhood
This home is valued 2.8% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -2.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,361 across all districts. With a homestead exemption claimed, that drops to $5,753 — saving $1,608 per year. That's $479 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% | $3,992 |
| Williamson County | County | 0.3694% | $1,404 |
| Georgetown | City | 0.3530% | $1,341 |
| Georgetown Village PID | pid | 0.1200% | $456 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,361 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,932 would pay approximately $2,459 per month (principal and interest only, excluding taxes and insurance).