305 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $424,771 and $599,649, with a best estimate of $463,496. 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
$463,496
$628,322
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 $424,771 and $599,649. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$117,120 for 434 sqft less living space and +$42,513 for being newer. Net adjustment: -$74,607.
Adjusted +$59,909 for 222 sqft more living space and +$42,513 for being newer. Net adjustment: +$102,422.
Adjusted -$38,860 for 144 sqft less living space and +$37,790 for being newer. Net adjustment: -$1,070.
Adjusted +$18,351 for 68 sqft more living space and +$47,237 for being newer and -$96,544 for no pool. Net adjustment: -$30,956.
Adjusted +$22,668 for 84 sqft more living space and +$56,685 for being newer. Net adjustment: +$79,353.
The Neighborhood
This home is valued 26.3% 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
above averageThis home is +26.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,419 across all districts. With a homestead exemption claimed, that drops to $9,721 — saving $1,698 per year. That's $810 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% | $6,601 |
| Williamson County | County | 0.3694% | $2,321 |
| Georgetown | City | 0.3530% | $2,218 |
| Williamson County FM/Rd | County | 0.0443% | $279 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,419 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $463,496 would pay approximately $2,893 per month (principal and interest only, excluding taxes and insurance).