307 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $379,842 and $738,200, with a best estimate of $648,766. 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
$648,766
$423,675
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 $379,842 and $738,200. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$15,922 for 59 sqft less living space and -$56,685 for being older and -$96,544 for no pool. Net adjustment: -$169,151.
Adjusted -$130,613 for 484 sqft less living space and -$9,447 for being older. Net adjustment: -$140,060.
Adjusted +$62,878 for 233 sqft more living space and -$9,447 for being older. Net adjustment: +$53,431.
Adjusted +$125,216 for 464 sqft more living space and -$9,447 for being older. Net adjustment: +$115,769.
Adjusted +$124,676 for 462 sqft more living space and -$18,895 for being older. Net adjustment: +$105,781.
The Neighborhood
This home is valued 14.8% 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
typicalThis home is -14.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,700 across all districts. With a homestead exemption claimed, that drops to $6,076 — saving $1,624 per year. That's $506 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% | $4,451 |
| Williamson County | County | 0.3694% | $1,565 |
| Georgetown | City | 0.3530% | $1,496 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,700 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $648,766 would pay approximately $4,050 per month (principal and interest only, excluding taxes and insurance).