203 NORWOOD W, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $490,042 and $752,099, with a best estimate of $550,705. 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
$550,705
$475,456
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 $490,042 and $752,099. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$23,748 for 88 sqft more living space and +$47,237 for being newer. Net adjustment: +$70,985.
Adjusted +$89,324 for 331 sqft more living space and -$4,724 for being older. Net adjustment: +$84,600.
Adjusted +$130,343 for 483 sqft more living space and +$47,237 for being newer. Net adjustment: +$177,580.
Adjusted +$86,626 for 321 sqft more living space and +$61,408 for being newer. Net adjustment: +$148,034.
Adjusted +$51,274 for 190 sqft more living space and +$47,237 for being newer. Net adjustment: +$98,511.
The Neighborhood
This home is valued 4.4% 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 -4.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,641 across all districts. With a homestead exemption claimed, that drops to $6,998 — saving $1,643 per year. That's $583 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% | $4,995 |
| Williamson County | County | 0.3694% | $1,757 |
| Georgetown | City | 0.3530% | $1,678 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,641 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $550,705 would pay approximately $3,437 per month (principal and interest only, excluding taxes and insurance).