405 MIRANDA WAY, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $747,626 and $1,119,136, with a best estimate of $986,638. 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
$986,638
$907,647
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 $747,626 and $1,119,136. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$202,416 for 720 sqft more living space. Net adjustment: +$202,416.
Adjusted +$192,295 for 684 sqft more living space. Net adjustment: +$192,295.
Adjusted +$50,323 for 179 sqft more living space. Net adjustment: +$50,323.
Adjusted +$171,772 for 611 sqft more living space and +$7,185 for being newer. Net adjustment: +$178,957.
Adjusted -$106,268 for 378 sqft less living space. Net adjustment: -$106,268.
The Neighborhood
This home is valued 5.1% 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 +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,751 across all districts. With a homestead exemption claimed, that drops to $15,113 — saving $1,638 per year. That's $1,259 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% | $9,536 |
| Williamson County | County | 0.3694% | $3,353 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,632 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $828 |
| Williamson County FM/Rd | County | 0.0443% | $402 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,751 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $986,638 would pay approximately $6,159 per month (principal and interest only, excluding taxes and insurance).