4806 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $331,152 and $509,707, with a best estimate of $372,136. That places the property below 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
$372,136
$397,872
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 $331,152 and $509,707. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$45,213 for 209 sqft less living space. Net adjustment: -$45,213.
Adjusted -$34,829 for 161 sqft less living space and -$132 for being older. Net adjustment: -$34,961.
Adjusted -$8,221 for 38 sqft less living space and +$397 for being newer. Net adjustment: -$7,824.
Adjusted +$11,033 for 51 sqft more living space and -$265 for being older. Net adjustment: +$10,768.
Adjusted -$45,862 for 212 sqft less living space and +$132 for being newer. Net adjustment: -$45,730.
The Neighborhood
This home is valued 1.8% 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 +1.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,708 across all districts. With a homestead exemption claimed, that drops to $6,094 — saving $1,614 per year. That's $508 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% | $4,180 |
| Williamson County | County | 0.3694% | $1,470 |
| Georgetown | City | 0.3530% | $1,404 |
| Georgetown Village PID | pid | 0.1200% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,708 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $372,136 would pay approximately $2,323 per month (principal and interest only, excluding taxes and insurance).