950 MADRONE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $373,200 and $745,360, with a best estimate of $409,540. That places the property below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$409,540
$486,002
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G761509F - GEORGETOWN VILLAGE R4, this home's estimated market value is between $373,200 and $745,360. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$46,637 for 225 sqft less living space. Net adjustment: -$46,637.
Adjusted -$15,960 for 77 sqft less living space. Net adjustment: -$15,960.
Adjusted -$97,835 for 472 sqft less living space. Net adjustment: -$97,835.
Adjusted +$195,255 for 942 sqft more living space. Net adjustment: +$195,255.
Adjusted -$102,602 for 495 sqft less living space. Net adjustment: -$102,602.
The Neighborhood
This home is valued 11.9% above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. With 668 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
typicalThis home is +11.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,416 across all districts. With a homestead exemption claimed, that drops to $7,769 — saving $1,647 per year. That's $647 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% | $5,106 |
| Williamson County | County | 0.3694% | $1,796 |
| Georgetown | City | 0.3530% | $1,716 |
| Georgetown Village PID | pid | 0.1200% | $583 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $9,416 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $409,540 would pay approximately $2,556 per month (principal and interest only, excluding taxes and insurance).