1126 WOODPARK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $804,182 and $947,101, with a best estimate of $837,125. 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
$837,125
$879,331
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 $804,182 and $947,101. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$10,683 for 38 sqft less living space and -$7,185 for being older. Net adjustment: -$17,868.
Adjusted +$5,904 for 21 sqft more living space and -$7,185 for being older. Net adjustment: -$1,281.
Adjusted +$21,366 for 76 sqft more living space and -$7,185 for being older. Net adjustment: +$14,181.
Adjusted +$31,487 for 112 sqft more living space and -$7,185 for being older. Net adjustment: +$24,302.
Adjusted +$2,249 for 8 sqft more living space and -$7,185 for being older. Net adjustment: -$4,936.
The Neighborhood
This home is valued 1.8% 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 +1.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,229 across all districts. With a homestead exemption claimed, that drops to $14,595 — saving $1,634 per year. That's $1,216 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% | $9,238 |
| Williamson County | County | 0.3694% | $3,249 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,550 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $802 |
| Williamson County FM/Rd | County | 0.0443% | $390 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,229 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $837,125 would pay approximately $5,225 per month (principal and interest only, excluding taxes and insurance).