602 RIVER DOWN RD, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $492,774 and $1,108,529, with a best estimate of $927,987. 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
$927,987
$869,089
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 $492,774 and $1,108,529. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$103,087 for 382 sqft more living space and -$33,066 for being older. Net adjustment: +$70,021.
Adjusted -$84,197 for 312 sqft less living space and -$66,132 for being older. Net adjustment: -$150,329.
Adjusted +$77,450 for 287 sqft more living space and -$14,171 for being older. Net adjustment: +$63,279.
Adjusted -$129,534 for 480 sqft less living space and -$37,790 for being older. Net adjustment: -$167,324.
Adjusted -$97,690 for 362 sqft less living space and -$14,171 for being older. Net adjustment: -$111,861.
The Neighborhood
This home is valued 74.7% 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
outlier highThis home is +74.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,564 across all districts. With a homestead exemption claimed, that drops to $13,784 — saving $1,780 per year. That's $1,149 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% | $8,998 |
| Williamson County | County | 0.3694% | $3,164 |
| Georgetown | City | 0.3530% | $3,023 |
| Williamson County FM/Rd | County | 0.0443% | $380 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $15,564 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $927,987 would pay approximately $5,792 per month (principal and interest only, excluding taxes and insurance).