205 NORWOOD W, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $183,440 and $570,406, with a best estimate of $432,166. That places the property below 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
$432,166
$412,997
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 $183,440 and $570,406. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$237,208 for 879 sqft less living space and +$4,724 for being newer. Net adjustment: -$232,484.
Adjusted -$36,161 for 134 sqft less living space and -$33,066 for being older. Net adjustment: -$69,227.
Adjusted +$36,431 for 135 sqft more living space and -$37,790 for being older. Net adjustment: -$1,359.
Adjusted +$3,778 for 14 sqft more living space and +$18,895 for being newer and -$96,544 for no pool. Net adjustment: -$73,871.
Adjusted +$116,310 for 431 sqft more living space. Net adjustment: +$116,310.
The Neighborhood
This home is valued 17.0% 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
below averageThis home is -17.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,506 across all districts. With a homestead exemption claimed, that drops to $5,886 — saving $1,620 per year. That's $491 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% | $4,339 |
| Williamson County | County | 0.3694% | $1,526 |
| Georgetown | City | 0.3530% | $1,458 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,506 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $432,166 would pay approximately $2,698 per month (principal and interest only, excluding taxes and insurance).