1122 WOODPARK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $888,705 and $1,093,243, with a best estimate of $914,898. 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
$914,898
$913,400
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 $888,705 and $1,093,243. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$3,655 for 13 sqft less living space and -$7,185 for being older. Net adjustment: -$10,840.
Adjusted +$163,900 for 583 sqft more living space. Net adjustment: +$163,900.
Adjusted +$100,083 for 356 sqft more living space and -$7,185 for being older. Net adjustment: +$92,898.
Adjusted +$37,110 for 132 sqft more living space and -$7,185 for being older. Net adjustment: +$29,925.
Adjusted +$50,604 for 180 sqft more living space and -$7,185 for being older. Net adjustment: +$43,419.
The Neighborhood
This home is valued 5.8% 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 +5.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,857 across all districts. With a homestead exemption claimed, that drops to $15,218 — saving $1,639 per year. That's $1,268 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% | $9,596 |
| Williamson County | County | 0.3694% | $3,375 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,649 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $833 |
| Williamson County FM/Rd | County | 0.0443% | $405 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,857 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $914,898 would pay approximately $5,711 per month (principal and interest only, excluding taxes and insurance).