706 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $513,108 and $1,123,139, with a best estimate of $907,565. 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
$907,565
$736,263
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 $513,108 and $1,123,139. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$99,849 for 370 sqft less living space and -$37,790 for being older. Net adjustment: -$137,639.
Adjusted +$186,474 for 691 sqft more living space. Net adjustment: +$186,474.
Adjusted +$132,772 for 492 sqft more living space and -$33,066 for being older. Net adjustment: +$99,706.
Adjusted -$68,005 for 252 sqft less living space and -$14,171 for being older. Net adjustment: -$82,176.
Adjusted -$69,624 for 258 sqft less living space and -$18,895 for being older. Net adjustment: -$88,519.
The Neighborhood
This home is valued 48.0% 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
above averageThis home is +48.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,866 across all districts. With a homestead exemption claimed, that drops to $11,139 — saving $1,727 per year. That's $928 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% | $7,438 |
| Williamson County | County | 0.3694% | $2,615 |
| Georgetown | City | 0.3530% | $2,499 |
| Williamson County FM/Rd | County | 0.0443% | $314 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,866 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $907,565 would pay approximately $5,665 per month (principal and interest only, excluding taxes and insurance).