501 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $396,003 and $628,721, with a best estimate of $441,246. That places the property below 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
$441,246
$385,627
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 $396,003 and $628,721. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,462 for 61 sqft less living space and +$42,513 for being newer. Net adjustment: +$26,051.
Adjusted +$46,146 for 171 sqft more living space. Net adjustment: +$46,146.
Adjusted +$132,772 for 492 sqft more living space and -$4,724 for being older. Net adjustment: +$128,048.
Adjusted +$9,445 for 35 sqft more living space. Net adjustment: +$9,445.
Adjusted +$45,067 for 167 sqft more living space and +$37,790 for being newer. Net adjustment: +$82,857.
The Neighborhood
This home is valued 22.5% 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
below averageThis home is -22.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,008 across all districts. With a homestead exemption claimed, that drops to $5,398 — saving $1,610 per year. That's $450 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% | $4,051 |
| Williamson County | County | 0.3694% | $1,425 |
| Georgetown | City | 0.3530% | $1,361 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $7,008 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $441,246 would pay approximately $2,754 per month (principal and interest only, excluding taxes and insurance).