305 RIDGE RUN DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $474,016 and $694,289, with a best estimate of $512,855. 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
$512,855
$667,095
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 $474,016 and $694,289. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$38,050 for 141 sqft more living space and -$18,895 for being older. Net adjustment: +$19,155.
Adjusted +$102,817 for 381 sqft more living space and +$47,237 for being newer. Net adjustment: +$150,054.
Adjusted +$63,148 for 234 sqft more living space and +$47,237 for being newer. Net adjustment: +$110,385.
Adjusted +$60,449 for 224 sqft more living space and +$9,447 for being newer. Net adjustment: +$69,896.
Adjusted +$116,850 for 433 sqft more living space and +$9,447 for being newer. Net adjustment: +$126,297.
The Neighborhood
This home is valued 34.1% 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 +34.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,124 across all districts. With a homestead exemption claimed, that drops to $10,412 — saving $1,712 per year. That's $868 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% | $7,009 |
| Williamson County | County | 0.3694% | $2,465 |
| Georgetown | City | 0.3530% | $2,355 |
| Williamson County FM/Rd | County | 0.0443% | $296 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $12,124 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $512,855 would pay approximately $3,201 per month (principal and interest only, excluding taxes and insurance).