1117 WOODPARK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $622,910 and $948,382, with a best estimate of $827,448. 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
$827,448
$891,906
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 $622,910 and $948,382. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$109,080 for 388 sqft less living space and +$7,185 for being newer. Net adjustment: -$101,895.
Adjusted -$276,635 for 984 sqft less living space. Net adjustment: -$276,635.
Adjusted -$5,904 for 21 sqft less living space and +$7,185 for being newer. Net adjustment: +$1,281.
Adjusted -$235,871 for 839 sqft less living space. Net adjustment: -$235,871.
Adjusted -$16,587 for 59 sqft less living space. Net adjustment: -$16,587.
The Neighborhood
This home is valued 3.3% 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 +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,461 across all districts. With a homestead exemption claimed, that drops to $14,825 — saving $1,636 per year. That's $1,235 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% | $9,370 |
| Williamson County | County | 0.3694% | $3,295 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,587 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $813 |
| Williamson County FM/Rd | County | 0.0443% | $395 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,461 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $827,448 would pay approximately $5,165 per month (principal and interest only, excluding taxes and insurance).