4805 MADRID DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $375,581 and $537,083, with a best estimate of $407,105. That places the property below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$407,105
$376,908
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $375,581 and $537,083. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$9,120 for 44 sqft more living space. Net adjustment: +$9,120.
Adjusted +$38,554 for 186 sqft more living space and -$410 for being older. Net adjustment: +$38,144.
Adjusted +$57,208 for 276 sqft more living space and +$1,229 for being newer. Net adjustment: +$58,437.
Adjusted -$4,767 for 23 sqft less living space and +$1,639 for being newer. Net adjustment: -$3,128.
Adjusted -$18,240 for 88 sqft less living space. Net adjustment: -$18,240.
The Neighborhood
This home is valued 13.2% below the G761509F - GEORGETOWN VILLAGE R4 median of $434,218. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
G761509F - GEORGETOWN VILLAGE R4
typicalThis home is -13.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,302 across all districts. With a homestead exemption claimed, that drops to $5,695 — saving $1,607 per year. That's $475 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% | $3,960 |
| Williamson County | County | 0.3694% | $1,392 |
| Georgetown | City | 0.3530% | $1,330 |
| Georgetown Village PID | pid | 0.1200% | $452 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9374% | $7,302 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $407,105 would pay approximately $2,541 per month (principal and interest only, excluding taxes and insurance).