306 RIVER RIDGE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $254,225 and $581,207, with a best estimate of $523,149. 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
$523,149
$499,938
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 $254,225 and $581,207. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$15,112 for 56 sqft less living space and -$4,724 for being older. Net adjustment: -$19,836.
Adjusted -$204,825 for 759 sqft less living space and +$4,724 for being newer. Net adjustment: -$200,101.
Adjusted +$48,845 for 181 sqft more living space and +$14,171 for being newer. Net adjustment: +$63,016.
Adjusted +$20,240 for 75 sqft more living space and +$14,171 for being newer. Net adjustment: +$34,411.
Adjusted -$270,401 for 1,002 sqft less living space and +$4,724 for being newer. Net adjustment: -$265,677.
The Neighborhood
This home is in line with the G230698D - River Ridge & Riverview Estates - All median of $497,470. Note that values in this subdivision declined 5.7% over the past year.
G230698D - River Ridge & Riverview Estates - All
typicalThis home is +0.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,086 across all districts. With a homestead exemption claimed, that drops to $7,434 — saving $1,652 per year. That's $620 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% | $5,252 |
| Williamson County | County | 0.3694% | $1,847 |
| Georgetown | City | 0.3530% | $1,765 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,086 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $523,149 would pay approximately $3,265 per month (principal and interest only, excluding taxes and insurance).