511 RIVERVIEW DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $422,834 and $1,186,431, with a best estimate of $653,136. 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
$653,136
$836,529
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 $422,834 and $1,186,431. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$76,371 for 283 sqft more living space and +$42,513 for being newer. Net adjustment: +$118,884.
Adjusted -$65,037 for 241 sqft less living space and +$37,790 for being newer. Net adjustment: -$27,247.
Adjusted +$158,139 for 586 sqft more living space and -$9,447 for being older. Net adjustment: +$148,692.
Adjusted +$14,842 for 55 sqft more living space and -$4,724 for being older. Net adjustment: +$10,118.
Adjusted -$47,226 for 175 sqft less living space and +$28,342 for being newer. Net adjustment: -$18,884.
The Neighborhood
This home is valued 68.2% 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 +68.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,203 across all districts. With a homestead exemption claimed, that drops to $13,430 — saving $1,773 per year. That's $1,119 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% | $8,789 |
| Williamson County | County | 0.3694% | $3,091 |
| Georgetown | City | 0.3530% | $2,953 |
| Williamson County FM/Rd | County | 0.0443% | $371 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $15,203 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $653,136 would pay approximately $4,077 per month (principal and interest only, excluding taxes and insurance).