705 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $326,633 and $771,198, with a best estimate of $510,316. 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
$510,316
$469,169
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 $326,633 and $771,198. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$87,705 for 325 sqft more living space. Net adjustment: +$87,705.
Adjusted -$256,099 for 949 sqft less living space and -$18,895 for being older. Net adjustment: -$274,994.
Adjusted -$186,474 for 691 sqft less living space. Net adjustment: -$186,474.
Adjusted -$53,702 for 199 sqft less living space and -$33,066 for being older. Net adjustment: -$86,768.
Adjusted +$157,599 for 584 sqft more living space and -$18,895 for being older and -$96,544 for no pool. Net adjustment: +$42,160.
The Neighborhood
This home is valued 5.7% below the G230698D - River Ridge & Riverview Estates - All median of $497,470. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
typicalThis home is -5.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,527 across all districts. With a homestead exemption claimed, that drops to $6,886 — saving $1,641 per year. That's $574 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% | $4,929 |
| Williamson County | County | 0.3694% | $1,733 |
| Georgetown | City | 0.3530% | $1,656 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,527 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $510,316 would pay approximately $3,185 per month (principal and interest only, excluding taxes and insurance).