503 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $359,576 and $534,495, with a best estimate of $409,558. That places the property below 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
$409,558
$415,195
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 $359,576 and $534,495. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$62,608 for 232 sqft more living space and -$42,513 for being older. Net adjustment: +$20,095.
Adjusted +$16,462 for 61 sqft more living space and -$42,513 for being older. Net adjustment: -$26,051.
Adjusted +$61,528 for 228 sqft more living space and -$4,724 for being older. Net adjustment: +$56,804.
Adjusted +$11,874 for 44 sqft more living space and -$4,724 for being older. Net adjustment: +$7,150.
Adjusted +$25,907 for 96 sqft more living space and -$42,513 for being older. Net adjustment: -$16,606.
The Neighborhood
This home is valued 16.5% below the G230698D - River Ridge & Riverview Estates - All median of $497,470. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
below averageThis home is -16.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,546 across all districts. With a homestead exemption claimed, that drops to $5,925 — saving $1,621 per year. That's $494 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% | $4,362 |
| Williamson County | County | 0.3694% | $1,534 |
| Georgetown | City | 0.3530% | $1,466 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,546 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $409,558 would pay approximately $2,556 per month (principal and interest only, excluding taxes and insurance).