407 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $403,342 and $806,597, with a best estimate of $748,824. That places the property above 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
$748,824
$655,693
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 $403,342 and $806,597. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$69,085 for 256 sqft more living space and +$96,544 for having a pool. Net adjustment: +$165,629.
Adjusted +$58,560 for 217 sqft more living space and +$4,724 for being newer and +$96,544 for having a pool. Net adjustment: +$159,828.
Adjusted -$235,589 for 873 sqft less living space and +$4,724 for being newer and +$96,544 for having a pool. Net adjustment: -$134,321.
Adjusted +$167,044 for 619 sqft more living space and -$18,895 for being older and +$96,544 for having a pool. Net adjustment: +$244,693.
Adjusted +$87,975 for 326 sqft more living space and -$4,724 for being older and +$96,544 for having a pool. Net adjustment: +$179,795.
The Neighborhood
This home is valued 31.8% 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
above averageThis home is +31.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,916 across all districts. With a homestead exemption claimed, that drops to $10,209 — saving $1,707 per year. That's $851 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% | $6,889 |
| Williamson County | County | 0.3694% | $2,422 |
| Georgetown | City | 0.3530% | $2,315 |
| Williamson County FM/Rd | County | 0.0443% | $291 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $11,916 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $748,824 would pay approximately $4,674 per month (principal and interest only, excluding taxes and insurance).