500 SOMERSET WOODS CT, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $788,325 and $931,175, with a best estimate of $875,382. That places the property above the G721617A - SOMERSET RANCH median of $863,440, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$875,382
$755,443
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G721617A - SOMERSET RANCH. The estimated range of $788,325 and $931,175 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$40,202 for 143 sqft more living space. Net adjustment: +$40,202.
Adjusted +$32,893 for 117 sqft more living space and +$107,778 for being newer. Net adjustment: +$140,671.
Adjusted +$13,494 for 48 sqft more living space and +$107,778 for being newer. Net adjustment: +$121,272.
Adjusted -$46,668 for 166 sqft less living space and +$114,963 for being newer. Net adjustment: +$68,295.
Adjusted -$43,576 for 155 sqft less living space and +$122,148 for being newer. Net adjustment: +$78,572.
The Neighborhood
This home is valued 12.5% 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 -12.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,751 across all districts. With a homestead exemption claimed, that drops to $10,141 — saving $1,610 per year. That's $845 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% | $7,937 |
| Williamson County | County | 0.3694% | $2,791 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $689 |
| Williamson County FM/Rd | County | 0.0443% | $335 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $11,751 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $875,382 would pay approximately $5,464 per month (principal and interest only, excluding taxes and insurance).