501 RIDGE OAK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $310,344 and $429,176, with a best estimate of $359,496. That places the property below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$359,496
$410,033
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $310,344 and $429,176. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$73,983 for 353 sqft less living space. Net adjustment: -$73,983.
Adjusted +$58,264 for 278 sqft more living space and -$2,822 for being older. Net adjustment: +$55,442.
Adjusted -$68,744 for 328 sqft less living space. Net adjustment: -$68,744.
Adjusted -$27,036 for 129 sqft less living space and -$1,210 for being older. Net adjustment: -$28,246.
Adjusted +$47,995 for 229 sqft more living space and -$3,226 for being older. Net adjustment: +$44,769.
The Neighborhood
This home is valued 8.7% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is +8.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,452 across all districts. With a homestead exemption claimed, that drops to $5,833 — saving $1,619 per year. That's $486 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% | $4,308 |
| Williamson County | County | 0.3694% | $1,515 |
| Georgetown | City | 0.3530% | $1,447 |
| Williamson County FM/Rd | County | 0.0443% | $182 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,452 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $359,496 would pay approximately $2,244 per month (principal and interest only, excluding taxes and insurance).