304 SOMERSET HILLS DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $703,173 and $895,374, with a best estimate of $715,289. That places the property below the G721617A - SOMERSET RANCH median of $863,440, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$715,289
$791,238
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G721617A - SOMERSET RANCH, this home's estimated market value is between $703,173 and $895,374. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$59,038 for 210 sqft less living space. Net adjustment: -$59,038.
Adjusted -$195,106 for 694 sqft less living space. Net adjustment: -$195,106.
Adjusted -$21,366 for 76 sqft less living space and +$14,370 for being newer. Net adjustment: -$6,996.
Adjusted -$26,145 for 93 sqft less living space. Net adjustment: -$26,145.
Adjusted +$77,312 for 275 sqft more living space. Net adjustment: +$77,312.
The Neighborhood
This home is valued 8.4% below the G721617A - SOMERSET RANCH median of $863,440. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G721617A - SOMERSET RANCH
typicalThis home is -8.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,603 across all districts. With a homestead exemption claimed, that drops to $12,986 — saving $1,617 per year. That's $1,082 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% | $8,313 |
| Williamson County | County | 0.3694% | $2,923 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,295 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $722 |
| Williamson County FM/Rd | County | 0.0443% | $351 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $14,603 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $715,289 would pay approximately $4,465 per month (principal and interest only, excluding taxes and insurance).