301 NORWOOD ST W, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $457,539 and $807,767, with a best estimate of $507,274. 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
$507,274
$432,850
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 $457,539 and $807,767. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$255,019 for 945 sqft more living space. Net adjustment: +$255,019.
Adjusted +$86,626 for 321 sqft more living space and +$4,724 for being newer. Net adjustment: +$91,350.
Adjusted +$32,653 for 121 sqft more living space and +$9,447 for being newer. Net adjustment: +$42,100.
Adjusted +$55,592 for 206 sqft more living space and -$33,066 for being older. Net adjustment: +$22,526.
Adjusted +$261,496 for 969 sqft more living space and +$4,724 for being newer. Net adjustment: +$266,220.
The Neighborhood
This home is valued 13.0% 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 -13.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,867 across all districts. With a homestead exemption claimed, that drops to $6,239 — saving $1,628 per year. That's $520 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% | $4,548 |
| Williamson County | County | 0.3694% | $1,599 |
| Georgetown | City | 0.3530% | $1,528 |
| Williamson County FM/Rd | County | 0.0443% | $192 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,867 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $507,274 would pay approximately $3,166 per month (principal and interest only, excluding taxes and insurance).