4706 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $352,513 and $536,603, with a best estimate of $397,959. 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
$397,959
$377,400
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 $352,513 and $536,603. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$9,735 for 45 sqft more living space and -$397 for being older. Net adjustment: +$9,338.
Adjusted +$38,723 for 179 sqft more living space and +$132 for being newer. Net adjustment: +$38,855.
Adjusted +$58,193 for 269 sqft more living space and -$397 for being older. Net adjustment: +$57,796.
Adjusted -$22,498 for 104 sqft less living space and -$397 for being older. Net adjustment: -$22,895.
Adjusted -$25,960 for 120 sqft less living space and +$265 for being newer. Net adjustment: -$25,695.
The Neighborhood
This home is valued 3.4% 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 -3.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,312 across all districts. With a homestead exemption claimed, that drops to $5,704 — saving $1,608 per year. That's $475 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% | $3,965 |
| Williamson County | County | 0.3694% | $1,394 |
| Georgetown | City | 0.3530% | $1,332 |
| Georgetown Village PID | pid | 0.1200% | $453 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,312 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,959 would pay approximately $2,484 per month (principal and interest only, excluding taxes and insurance).