402 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $475,898 and $680,068, with a best estimate of $595,985. 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
$595,985
$602,441
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 $475,898 and $680,068. 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 -$4,724 for being older. Net adjustment: +$57,884.
Adjusted -$29,415 for 109 sqft less living space and +$9,447 for being newer. Net adjustment: -$19,968.
Adjusted +$79,069 for 293 sqft more living space and -$14,171 for being older. Net adjustment: +$64,898.
Adjusted -$88,784 for 329 sqft less living space. Net adjustment: -$88,784.
Adjusted -$87,975 for 326 sqft less living space and +$4,724 for being newer and -$96,544 for no pool. Net adjustment: -$179,795.
The Neighborhood
This home is valued 21.1% 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 +21.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,949 across all districts. With a homestead exemption claimed, that drops to $9,260 — saving $1,689 per year. That's $772 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% | $6,329 |
| Williamson County | County | 0.3694% | $2,226 |
| Georgetown | City | 0.3530% | $2,127 |
| Williamson County FM/Rd | County | 0.0443% | $267 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $10,949 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $595,985 would pay approximately $3,720 per month (principal and interest only, excluding taxes and insurance).