4614 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $404,342 and $649,858, with a best estimate of $457,321. 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
$457,321
$386,392
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $404,342 and $649,858. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$80,692 for 373 sqft more living space. Net adjustment: +$80,692.
Adjusted +$98,431 for 455 sqft more living space. Net adjustment: +$98,431.
Adjusted +$25,743 for 119 sqft more living space and -$265 for being older. Net adjustment: +$25,478.
Adjusted +$137,803 for 637 sqft more living space. Net adjustment: +$137,803.
Adjusted +$70,740 for 327 sqft more living space and -$795 for being older. Net adjustment: +$69,945.
The Neighborhood
This home is valued 1.1% below the G760500D - Georgetown Village - Shell Ranch R3 median of $390,860. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
G760500D - Georgetown Village - Shell Ranch R3
typicalThis home is -1.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,486 across all districts. With a homestead exemption claimed, that drops to $5,875 — saving $1,611 per year. That's $490 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% | $4,059 |
| Williamson County | County | 0.3694% | $1,428 |
| Georgetown | City | 0.3530% | $1,364 |
| Georgetown Village PID | pid | 0.1200% | $464 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,486 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $457,321 would pay approximately $2,855 per month (principal and interest only, excluding taxes and insurance).