405 NORWOOD W, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $354,799 and $516,474, with a best estimate of $480,545. 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
$480,545
$477,130
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 $354,799 and $516,474. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$108,484 for 402 sqft less living space and -$4,724 for being older. Net adjustment: -$113,208.
Adjusted +$42,638 for 158 sqft more living space and -$4,724 for being older. Net adjustment: +$37,914.
Adjusted -$8,366 for 31 sqft less living space and -$9,447 for being older. Net adjustment: -$17,813.
Adjusted +$88,245 for 327 sqft more living space and -$9,447 for being older. Net adjustment: +$78,798.
Adjusted -$20,779 for 77 sqft less living space and -$14,171 for being older. Net adjustment: -$34,950.
The Neighborhood
This home is valued 4.1% below the G230698D - River Ridge & Riverview Estates - All median of $497,470. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
typicalThis home is -4.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,671 across all districts. With a homestead exemption claimed, that drops to $7,028 — saving $1,643 per year. That's $586 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% | $5,013 |
| Williamson County | County | 0.3694% | $1,763 |
| Georgetown | City | 0.3530% | $1,684 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $8,671 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $480,545 would pay approximately $3,000 per month (principal and interest only, excluding taxes and insurance).