509 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $371,765 and $606,106, with a best estimate of $502,879. 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
$502,879
$522,224
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 $371,765 and $606,106. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$97,420 for 361 sqft more living space. Net adjustment: +$97,420.
Adjusted +$49,655 for 184 sqft more living space. Net adjustment: +$49,655.
Adjusted -$1,889 for 7 sqft less living space and -$9,447 for being older. Net adjustment: -$11,336.
Adjusted -$87,705 for 325 sqft less living space and +$4,724 for being newer. Net adjustment: -$82,981.
Adjusted -$13,223 for 49 sqft less living space and +$9,447 for being newer. Net adjustment: -$3,776.
The Neighborhood
This home is valued 5.0% 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 +5.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,491 across all districts. With a homestead exemption claimed, that drops to $7,831 — saving $1,660 per year. That's $653 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% | $5,486 |
| Williamson County | County | 0.3694% | $1,929 |
| Georgetown | City | 0.3530% | $1,843 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,491 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $502,879 would pay approximately $3,139 per month (principal and interest only, excluding taxes and insurance).