515 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $595,284 and $980,950, with a best estimate of $839,891. 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
$839,891
$1,205,315
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 $595,284 and $980,950. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$1,619 for 6 sqft less living space and -$4,724 for being older. Net adjustment: -$6,343.
Adjusted -$58,290 for 216 sqft less living space and +$18,895 for being newer. Net adjustment: -$39,395.
Adjusted +$47,226 for 175 sqft more living space and -$28,342 for being older. Net adjustment: +$18,884.
Adjusted +$97,690 for 362 sqft more living space and +$14,171 for being newer. Net adjustment: +$111,861.
Adjusted +$123,597 for 458 sqft more living space and +$14,171 for being newer. Net adjustment: +$137,768.
The Neighborhood
This home is valued 142.3% 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
outlier highThis home is +142.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $21,151 across all districts. With a homestead exemption claimed, that drops to $19,259 — saving $1,892 per year. That's $1,605 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% | $12,227 |
| Williamson County | County | 0.3694% | $4,300 |
| Georgetown | City | 0.3530% | $4,108 |
| Williamson County FM/Rd | County | 0.0443% | $516 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $21,151 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $839,891 would pay approximately $5,243 per month (principal and interest only, excluding taxes and insurance).