1002 WOODPARK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $731,909 and $908,574, with a best estimate of $794,167. 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
$794,167
$918,732
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 $731,909 and $908,574. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$93,617 for 333 sqft more living space and +$7,185 for being newer. Net adjustment: +$100,802.
Adjusted -$53,134 for 189 sqft less living space and +$7,185 for being newer. Net adjustment: -$45,949.
Adjusted +$39,921 for 142 sqft more living space. Net adjustment: +$39,921.
Adjusted +$66,910 for 238 sqft more living space. Net adjustment: +$66,910.
Adjusted -$150,406 for 535 sqft less living space. Net adjustment: -$150,406.
The Neighborhood
This home is valued 6.4% above the G721617A - SOMERSET RANCH median of $863,440. With 78 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G721617A - SOMERSET RANCH
typicalThis home is +6.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,956 across all districts. With a homestead exemption claimed, that drops to $15,315 — saving $1,641 per year. That's $1,276 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% | $9,652 |
| Williamson County | County | 0.3694% | $3,394 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,664 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $838 |
| Williamson County FM/Rd | County | 0.0443% | $407 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,956 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $794,167 would pay approximately $4,957 per month (principal and interest only, excluding taxes and insurance).