406 RIDGEWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $276,776 and $340,206, with a best estimate of $300,475. That places the property below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162, in a neighborhood that declined 0.4% over the past year.
Estimated Value Range
$300,475
$359,321
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5, this home's estimated market value is between $276,776 and $340,206. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$23,473 for 112 sqft less living space and +$806 for being newer. Net adjustment: -$22,667.
Adjusted -$89,283 for 426 sqft less living space and +$2,016 for being newer. Net adjustment: -$87,267.
Adjusted -$106,469 for 508 sqft less living space. Net adjustment: -$106,469.
Adjusted -$14,252 for 68 sqft less living space. Net adjustment: -$14,252.
Adjusted -$92,217 for 440 sqft less living space and +$1,613 for being newer. Net adjustment: -$90,604.
The Neighborhood
This home is valued 4.7% below the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.4% over the past year.
G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5
typicalThis home is -4.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,530 across all districts. With a homestead exemption claimed, that drops to $4,930 — saving $1,600 per year. That's $411 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% | $3,775 |
| Williamson County | County | 0.3694% | $1,328 |
| Georgetown | City | 0.3530% | $1,268 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,530 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $300,475 would pay approximately $1,876 per month (principal and interest only, excluding taxes and insurance).