207 NORWOOD W, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $341,500 and $664,650, with a best estimate of $460,853. 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
$460,853
$415,924
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 $341,500 and $664,650. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$237,208 for 879 sqft more living space and -$4,724 for being older. Net adjustment: +$232,484.
Adjusted -$31,034 for 115 sqft less living space and -$37,790 for being older. Net adjustment: -$68,824.
Adjusted +$201,047 for 745 sqft more living space and -$37,790 for being older. Net adjustment: +$163,257.
Adjusted +$40,749 for 151 sqft more living space. Net adjustment: +$40,749.
Adjusted -$86,626 for 321 sqft less living space and -$4,724 for being older. Net adjustment: -$91,350.
The Neighborhood
This home is valued 16.4% 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
below averageThis home is -16.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,559 across all districts. With a homestead exemption claimed, that drops to $5,938 — saving $1,621 per year. That's $495 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% | $4,370 |
| Williamson County | County | 0.3694% | $1,537 |
| Georgetown | City | 0.3530% | $1,468 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,559 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $460,853 would pay approximately $2,877 per month (principal and interest only, excluding taxes and insurance).