513 SOMERSET WOODS CT, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $631,925 and $844,091, with a best estimate of $765,356. 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
$765,356
$774,602
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G721617A - SOMERSET RANCH. The estimated range of $631,925 and $844,091 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$127,915 for 455 sqft less living space and +$14,370 for being newer. Net adjustment: -$113,545.
Adjusted -$67,753 for 241 sqft less living space and +$7,185 for being newer. Net adjustment: -$60,568.
Adjusted +$66,347 for 236 sqft more living space and -$35,926 for being older. Net adjustment: +$30,421.
Adjusted +$67,472 for 240 sqft more living space and -$35,926 for being older. Net adjustment: +$31,546.
Adjusted +$8,715 for 31 sqft more living space and -$35,926 for being older. Net adjustment: -$27,211.
The Neighborhood
This home is valued 10.3% 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 -10.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,050 across all districts. With a homestead exemption claimed, that drops to $10,436 — saving $1,614 per year. That's $870 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% | $8,138 |
| Williamson County | County | 0.3694% | $2,862 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $706 |
| Williamson County FM/Rd | County | 0.0443% | $343 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $12,050 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $765,356 would pay approximately $4,777 per month (principal and interest only, excluding taxes and insurance).