116 RIDGE OAK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $308,742 and $350,746, with a best estimate of $328,664. 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
$328,664
$404,177
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 $308,742 and $350,746. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$60,779 for 290 sqft less living space. Net adjustment: -$60,779.
Adjusted -$93,475 for 446 sqft less living space. Net adjustment: -$93,475.
Adjusted -$60,151 for 287 sqft less living space. Net adjustment: -$60,151.
Adjusted -$48,204 for 230 sqft less living space. Net adjustment: -$48,204.
Adjusted -$9,641 for 46 sqft less living space and -$8,692 for no pool. Net adjustment: -$18,333.
The Neighborhood
This home is valued 7.2% 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 +7.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,345 across all districts. With a homestead exemption claimed, that drops to $5,729 — saving $1,616 per year. That's $477 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% | $4,246 |
| Williamson County | County | 0.3694% | $1,493 |
| Georgetown | City | 0.3530% | $1,427 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,345 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $328,664 would pay approximately $2,052 per month (principal and interest only, excluding taxes and insurance).