505 RIDGECREST RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $550,144 and $664,582, with a best estimate of $635,147. That places the property above the G180580F - Oakcrest Estates (Riverside & Spring) median of $521,372, in a neighborhood that appreciated 15.7% over the past year.
Estimated Value Range
$635,147
$624,949
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G180580F - Oakcrest Estates (Riverside & Spring), this home's estimated market value is between $550,144 and $664,582. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$4,366 for 16 sqft more living space and -$19,930 for being older. Net adjustment: -$15,564.
Adjusted +$100,145 for 367 sqft more living space and +$26,573 for being newer. Net adjustment: +$126,718.
Adjusted +$104,784 for 384 sqft more living space and +$11,072 for being newer. Net adjustment: +$115,856.
Adjusted -$6,822 for 25 sqft less living space and +$11,072 for being newer. Net adjustment: +$4,250.
Adjusted +$92,232 for 338 sqft more living space and +$31,002 for being newer. Net adjustment: +$123,234.
The Neighborhood
This home is valued 19.9% above the G180580F - Oakcrest Estates (Riverside & Spring) median of $521,372. With 168 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 15.7% over the past year.
G180580F - Oakcrest Estates (Riverside & Spring)
above averageThis home is +19.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,041 across all districts. With a homestead exemption claimed, that drops to $8,370 — saving $1,671 per year. That's $698 per month a buyer should budget. The assessed value increased +19.1% vs the subdivision average of +15.7%. This above-average increase gives a protest opportunity score of 62 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $5,804 |
| Williamson County | County | 0.3694% | $2,041 |
| Georgetown | City | 0.3530% | $1,950 |
| Williamson County FM/Rd | County | 0.0443% | $245 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,041 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $635,147 would pay approximately $3,965 per month (principal and interest only, excluding taxes and insurance).