511 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $274,656 and $469,854, with a best estimate of $289,649. 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
$289,649
$508,686
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 $274,656 and $469,854. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$97,420 for 361 sqft less living space. Net adjustment: -$97,420.
Adjusted -$152,742 for 566 sqft less living space. Net adjustment: -$152,742.
Adjusted -$3,778 for 14 sqft less living space. Net adjustment: -$3,778.
Adjusted -$98,500 for 365 sqft less living space and -$4,724 for being older. Net adjustment: -$103,224.
Adjusted -$118,199 for 438 sqft less living space. Net adjustment: -$118,199.
The Neighborhood
This home is valued 2.3% 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
typicalThis home is +2.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,245 across all districts. With a homestead exemption claimed, that drops to $7,590 — saving $1,655 per year. That's $633 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% | $5,344 |
| Williamson County | County | 0.3694% | $1,879 |
| Georgetown | City | 0.3530% | $1,796 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,245 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $289,649 would pay approximately $1,808 per month (principal and interest only, excluding taxes and insurance).