203 NORWOOD DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $404,471 and $681,114, with a best estimate of $479,720. 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
$479,720
$419,057
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 $404,471 and $681,114. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$23,748 for 88 sqft less living space and -$47,237 for being older. Net adjustment: -$70,985.
Adjusted +$65,576 for 243 sqft more living space and -$51,961 for being older. Net adjustment: +$13,615.
Adjusted +$106,595 for 395 sqft more living space. Net adjustment: +$106,595.
Adjusted +$62,878 for 233 sqft more living space and +$14,171 for being newer. Net adjustment: +$77,049.
Adjusted +$27,526 for 102 sqft more living space. Net adjustment: +$27,526.
The Neighborhood
This home is valued 15.8% 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 -15.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,616 across all districts. With a homestead exemption claimed, that drops to $5,994 — saving $1,622 per year. That's $500 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% | $4,403 |
| Williamson County | County | 0.3694% | $1,548 |
| Georgetown | City | 0.3530% | $1,479 |
| Williamson County FM/Rd | County | 0.0443% | $186 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,616 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $479,720 would pay approximately $2,994 per month (principal and interest only, excluding taxes and insurance).