303 NORWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $339,147 and $476,934, with a best estimate of $407,094. 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
$407,094
$418,594
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 $339,147 and $476,934. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$69,894 for 259 sqft less living space and -$14,171 for being older. Net adjustment: -$84,065.
Adjusted +$7,556 for 28 sqft more living space and -$9,447 for being older. Net adjustment: -$1,891.
Adjusted -$36,431 for 135 sqft less living space and -$14,171 for being older. Net adjustment: -$50,602.
Adjusted -$16,731 for 62 sqft less living space and -$47,237 for being older. Net adjustment: -$63,968.
Adjusted +$49,385 for 183 sqft more living space and -$51,961 for being older. Net adjustment: -$2,576.
The Neighborhood
This home is valued 15.9% 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 -15.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,607 across all districts. With a homestead exemption claimed, that drops to $5,985 — saving $1,622 per year. That's $499 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% | $4,398 |
| Williamson County | County | 0.3694% | $1,546 |
| Georgetown | City | 0.3530% | $1,478 |
| Williamson County FM/Rd | County | 0.0443% | $186 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,607 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $407,094 would pay approximately $2,541 per month (principal and interest only, excluding taxes and insurance).