4303 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $307,680 and $472,725, with a best estimate of $389,496. 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
$389,496
$429,674
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 $307,680 and $472,725. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$95,294 for 384 sqft less living space and -$300 for being older. Net adjustment: -$95,594.
Adjusted -$5,956 for 24 sqft less living space and -$600 for being older. Net adjustment: -$6,556.
Adjusted -$60,551 for 244 sqft less living space and -$300 for being older. Net adjustment: -$60,851.
Adjusted -$193,814 for 781 sqft less living space and -$600 for being older. Net adjustment: -$194,414.
Adjusted -$129,044 for 520 sqft less living space and -$300 for being older. Net adjustment: -$129,344.
The Neighborhood
This home is valued 11.8% below the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
typicalThis home is -11.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,684 across all districts. With a homestead exemption claimed, that drops to $5,134 — saving $1,550 per year. That's $428 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% | $4,514 |
| Williamson County | County | 0.3694% | $1,587 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $392 |
| Williamson County FM/Rd | County | 0.0443% | $190 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $6,684 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $389,496 would pay approximately $2,431 per month (principal and interest only, excluding taxes and insurance).