4822 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $414,140 and $526,955, with a best estimate of $428,113. That places the property above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$428,113
$425,814
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G760500D - Georgetown Village - Shell Ranch R3, this home's estimated market value is between $414,140 and $526,955. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$72,687 for 336 sqft more living space. Net adjustment: +$72,687.
Adjusted +$34,180 for 158 sqft more living space. Net adjustment: +$34,180.
Adjusted +$64,034 for 296 sqft more living space and -$795 for being older. Net adjustment: +$63,239.
Adjusted +$7,572 for 35 sqft more living space and -$530 for being older. Net adjustment: +$7,042.
Adjusted +$5,625 for 26 sqft more living space and -$530 for being older. Net adjustment: +$5,095.
The Neighborhood
This home is valued 8.9% above the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. With 480 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is +8.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,250 across all districts. With a homestead exemption claimed, that drops to $6,625 — saving $1,625 per year. That's $552 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% | $4,474 |
| Williamson County | County | 0.3694% | $1,573 |
| Georgetown | City | 0.3530% | $1,503 |
| Georgetown Village PID | pid | 0.1200% | $511 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $8,250 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $428,113 would pay approximately $2,672 per month (principal and interest only, excluding taxes and insurance).