4216 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $409,129 and $663,125, with a best estimate of $464,883. That places the property below the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106, in a neighborhood that appreciated 2.1% over the past year.
Estimated Value Range
$464,883
$509,568
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST, this home's estimated market value is between $409,129 and $663,125. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$29,531 for 119 sqft less living space and +$1,500 for being newer. Net adjustment: -$28,031.
Adjusted -$47,895 for 193 sqft less living space and +$600 for being newer. Net adjustment: -$47,295.
Adjusted +$58,070 for 234 sqft more living space and +$600 for being newer. Net adjustment: +$58,670.
Adjusted -$11,912 for 48 sqft less living space and +$300 for being newer. Net adjustment: -$11,612.
Adjusted +$49,632 for 200 sqft more living space and +$300 for being newer. Net adjustment: +$49,932.
The Neighborhood
This home is valued 4.6% above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. With 1,032 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
typicalThis home is +4.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,927 across all districts. With a homestead exemption claimed, that drops to $6,362 — saving $1,565 per year. That's $530 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% | $5,354 |
| Williamson County | County | 0.3694% | $1,883 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $465 |
| Williamson County FM/Rd | County | 0.0443% | $226 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,927 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $464,883 would pay approximately $2,902 per month (principal and interest only, excluding taxes and insurance).