503 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $764,910 and $1,002,023, with a best estimate of $883,145. 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
$883,145
$537,663
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 $764,910 and $1,002,023. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,752 for 277 sqft more living space. Net adjustment: +$74,752.
Adjusted +$235,589 for 873 sqft more living space and -$4,724 for being older and -$96,544 for no pool. Net adjustment: +$134,321.
Adjusted +$220,207 for 816 sqft more living space and -$9,447 for being older. Net adjustment: +$210,760.
Adjusted +$269,862 for 1,000 sqft more living space and -$4,724 for being older. Net adjustment: +$265,138.
Adjusted +$294,149 for 1,090 sqft more living space. Net adjustment: +$294,149.
The Neighborhood
This home is valued 8.1% 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
typicalThis home is +8.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,771 across all districts. With a homestead exemption claimed, that drops to $8,106 — saving $1,665 per year. That's $676 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% | $5,649 |
| Williamson County | County | 0.3694% | $1,986 |
| Georgetown | City | 0.3530% | $1,898 |
| Williamson County FM/Rd | County | 0.0443% | $238 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $9,771 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $883,145 would pay approximately $5,513 per month (principal and interest only, excluding taxes and insurance).