502 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $204,129 and $564,924, with a best estimate of $260,290. 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
$260,290
$507,441
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 $204,129 and $564,924. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$156,520 for 580 sqft less living space and +$4,724 for being newer. Net adjustment: -$151,796.
Adjusted -$196,189 for 727 sqft less living space and +$4,724 for being newer. Net adjustment: -$191,465.
Adjusted -$105,786 for 392 sqft less living space and -$33,066 for being older. Net adjustment: -$138,852.
Adjusted -$75,291 for 279 sqft less living space and -$33,066 for being older. Net adjustment: -$108,357.
Adjusted -$19,160 for 71 sqft less living space and -$37,790 for being older. Net adjustment: -$56,950.
The Neighborhood
This home is valued 2.0% above the G230698D - River Ridge & Riverview Estates - All median of $497,470. With 445 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
typicalThis home is +2.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,222 across all districts. With a homestead exemption claimed, that drops to $7,568 — saving $1,654 per year. That's $631 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% | $5,331 |
| Williamson County | County | 0.3694% | $1,875 |
| Georgetown | City | 0.3530% | $1,791 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,222 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $260,290 would pay approximately $1,625 per month (principal and interest only, excluding taxes and insurance).