223 E RIDGEWOOD RD, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $434,664 and $581,849, with a best estimate of $555,465. That places the property below the G730590D - North Lake median of $597,120, in a neighborhood that appreciated 5.3% over the past year.
Estimated Value Range
$555,465
$639,099
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G730590D - North Lake, this home's estimated market value is between $434,664 and $581,849. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$66,602 for 230 sqft more living space and +$4,044 for being newer. Net adjustment: +$70,646.
Adjusted +$97,008 for 335 sqft more living space. Net adjustment: +$97,008.
Adjusted +$28,958 for 100 sqft more living space and +$4,044 for being newer. Net adjustment: +$33,002.
Adjusted +$81,371 for 281 sqft more living space and +$4,044 for being newer. Net adjustment: +$85,415.
Adjusted -$92,085 for 318 sqft less living space and -$4,044 for being older. Net adjustment: -$96,129.
The Neighborhood
This home is valued 7.0% above the G730590D - North Lake median of $597,120. With 441 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 5.3% over the past year.
G730590D - North Lake
typicalThis home is +7.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,942 across all districts. With a homestead exemption claimed, that drops to $8,353 — saving $1,589 per year. That's $696 per month a buyer should budget. The assessed value increased +8.2% vs the subdivision average of +5.3%. This above-average increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $6,714 |
| Williamson County | County | 0.3694% | $2,361 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $583 |
| Williamson County FM/Rd | County | 0.0443% | $283 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $9,942 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $555,465 would pay approximately $3,467 per month (principal and interest only, excluding taxes and insurance).