4606 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $287,961 and $551,427, with a best estimate of $351,472. That places the property below 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
$351,472
$362,117
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 $287,961 and $551,427. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,372 for 182 sqft more living space. Net adjustment: +$39,372.
Adjusted -$17,739 for 82 sqft less living space. Net adjustment: -$17,739.
Adjusted -$98,431 for 455 sqft less living space. Net adjustment: -$98,431.
Adjusted -$63,385 for 293 sqft less living space and +$265 for being newer. Net adjustment: -$63,120.
Adjusted -$132 for being older. Net adjustment: -$132.
The Neighborhood
This home is valued 7.4% 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 -7.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,016 across all districts. With a homestead exemption claimed, that drops to $5,414 — saving $1,602 per year. That's $451 per month a buyer should budget. The assessed value increased +4.6% vs the subdivision average of -1.7%. This above-average increase gives a protest opportunity score of 32 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,804 |
| Williamson County | County | 0.3694% | $1,338 |
| Georgetown | City | 0.3530% | $1,278 |
| Georgetown Village PID | pid | 0.1200% | $435 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,016 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $351,472 would pay approximately $2,194 per month (principal and interest only, excluding taxes and insurance).