1101 SOMERSET MEADOW WAY, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $726,008 and $875,575, with a best estimate of $745,231. 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
$745,231
$777,731
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 $726,008 and $875,575. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,872 for 28 sqft less living space and +$7,185 for being newer. Net adjustment: -$687.
Adjusted -$132,695 for 472 sqft less living space and -$7,185 for being older. Net adjustment: -$139,880.
Adjusted +$100,083 for 356 sqft more living space and -$14,370 for being older. Net adjustment: +$85,713.
Adjusted +$16,025 for 57 sqft more living space and -$7,185 for being older. Net adjustment: +$8,840.
Adjusted -$51,447 for 183 sqft less living space and -$14,370 for being older. Net adjustment: -$65,817.
The Neighborhood
This home is valued 9.9% 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 -9.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,098 across all districts. With a homestead exemption claimed, that drops to $10,484 — saving $1,614 per year. That's $874 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% | $8,171 |
| Williamson County | County | 0.3694% | $2,873 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $709 |
| Williamson County FM/Rd | County | 0.0443% | $345 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $12,098 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $745,231 would pay approximately $4,652 per month (principal and interest only, excluding taxes and insurance).