405 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $210,524 and $416,337, with a best estimate of $341,638. That places the property below 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
$341,638
$548,667
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 $210,524 and $416,337. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$167,044 for 619 sqft less living space. Net adjustment: -$167,044.
Adjusted -$116,310 for 431 sqft less living space and +$4,724 for being newer. Net adjustment: -$111,586.
Adjusted -$167,854 for 622 sqft less living space and -$4,724 for being older. Net adjustment: -$172,578.
Adjusted -$23,748 for 88 sqft less living space and +$9,447 for being newer. Net adjustment: -$14,301.
Adjusted -$179,188 for 664 sqft less living space and +$14,171 for being newer. Net adjustment: -$165,017.
The Neighborhood
This home is valued 10.3% 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 +10.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,971 across all districts. With a homestead exemption claimed, that drops to $8,302 — saving $1,669 per year. That's $692 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% | $5,764 |
| Williamson County | County | 0.3694% | $2,027 |
| Georgetown | City | 0.3530% | $1,937 |
| Williamson County FM/Rd | County | 0.0443% | $243 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,971 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $341,638 would pay approximately $2,132 per month (principal and interest only, excluding taxes and insurance).