4207 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $475,920 and $538,312, with a best estimate of $506,561. That places the property above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106, in a neighborhood that appreciated 2.1% over the past year.
Estimated Value Range
$506,561
$499,406
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST, this home's estimated market value is between $475,920 and $538,312. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,204 for 25 sqft more living space. Net adjustment: +$6,204.
Adjusted +$11,167 for 45 sqft more living space and +$300 for being newer. Net adjustment: +$11,467.
Adjusted -$15,386 for 62 sqft less living space and -$600 for being older. Net adjustment: -$15,986.
Adjusted +$10,175 for 41 sqft more living space and +$300 for being newer. Net adjustment: +$10,475.
Adjusted +$744 for 3 sqft more living space and +$300 for being newer. Net adjustment: +$1,044.
The Neighborhood
This home is valued 2.5% above the G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST median of $487,106. With 1,032 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 2.1% over the past year.
G150584F - SERENADA (ALL SECTIONS) AND COUNTRY WEST
typicalThis home is +2.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,769 across all districts. With a homestead exemption claimed, that drops to $6,206 — saving $1,563 per year. That's $517 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% | $5,247 |
| Williamson County | County | 0.3694% | $1,845 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $455 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $7,769 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $506,561 would pay approximately $3,162 per month (principal and interest only, excluding taxes and insurance).