500 RIDGE OAK DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $375,573 and $446,588, with a best estimate of $427,473. That places the property above 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
$427,473
$387,742
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 $375,573 and $446,588. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$2,934 for 14 sqft less living space and -$403 for being older. Net adjustment: -$3,337.
Adjusted +$65,809 for 314 sqft more living space and -$1,210 for being older. Net adjustment: +$64,599.
Adjusted +$75,031 for 358 sqft more living space and -$2,016 for being older. Net adjustment: +$73,015.
Adjusted +$89,283 for 426 sqft more living space and -$2,016 for being older. Net adjustment: +$87,267.
Adjusted +$27,036 for 129 sqft more living space and +$1,210 for being newer. Net adjustment: +$28,246.
The Neighborhood
This home is valued 2.8% above the G235480G - San Gabriel Heights Sec 1,2,2 (AMD),3,4,5 median of $377,162. With 358 homes in the subdivision, the property sits in the upper tier. 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 +2.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,047 across all districts. With a homestead exemption claimed, that drops to $5,436 — saving $1,611 per year. That's $453 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% | $4,074 |
| Williamson County | County | 0.3694% | $1,433 |
| Georgetown | City | 0.3530% | $1,369 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,047 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $427,473 would pay approximately $2,668 per month (principal and interest only, excluding taxes and insurance).