306 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $307,906 and $706,514, with a best estimate of $603,632. That places the property above the G230698D - River Ridge & Riverview Estates - All median of $497,470, in a neighborhood that declined 5.7% over the past year.
Estimated Value Range
$603,632
$578,463
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G230698D - River Ridge & Riverview Estates - All, this home's estimated market value is between $307,906 and $706,514. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$8,096 for 30 sqft more living space and +$4,724 for being newer. Net adjustment: +$12,820.
Adjusted -$62,338 for 231 sqft less living space. Net adjustment: -$62,338.
Adjusted -$125,216 for 464 sqft less living space and +$9,447 for being newer. Net adjustment: -$115,769.
Adjusted +$89,054 for 330 sqft more living space and -$4,724 for being older. Net adjustment: +$84,330.
Adjusted -$87,705 for 325 sqft less living space. Net adjustment: -$87,705.
The Neighborhood
This home is valued 16.3% above the G230698D - River Ridge & Riverview Estates - All median of $497,470. With 445 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
above averageThis home is +16.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,513 across all districts. With a homestead exemption claimed, that drops to $8,833 — saving $1,680 per year. That's $736 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% | $6,077 |
| Williamson County | County | 0.3694% | $2,137 |
| Georgetown | City | 0.3530% | $2,042 |
| Williamson County FM/Rd | County | 0.0443% | $256 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,513 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $603,632 would pay approximately $3,768 per month (principal and interest only, excluding taxes and insurance).