4809 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $338,764 and $531,727, with a best estimate of $520,386. That places the property above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$520,386
$498,939
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G761509F - GEORGETOWN VILLAGE R4. The estimated range of $338,764 and $531,727 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$38,554 for 186 sqft less living space and +$410 for being newer. Net adjustment: -$38,144.
Adjusted -$29,433 for 142 sqft less living space and +$410 for being newer. Net adjustment: -$29,023.
Adjusted +$33,164 for 160 sqft more living space. Net adjustment: +$33,164.
Adjusted +$37,310 for 180 sqft more living space. Net adjustment: +$37,310.
Adjusted +$16,582 for 80 sqft more living space. Net adjustment: +$16,582.
The Neighborhood
This home is valued 14.9% above the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. With 668 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
typicalThis home is +14.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,666 across all districts. With a homestead exemption claimed, that drops to $8,015 — saving $1,651 per year. That's $668 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% | $5,242 |
| Williamson County | County | 0.3694% | $1,843 |
| Georgetown | City | 0.3530% | $1,761 |
| Georgetown Village PID | pid | 0.1200% | $599 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $9,666 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $520,386 would pay approximately $3,248 per month (principal and interest only, excluding taxes and insurance).