305 MIRANDA WAY, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $697,303 and $1,012,220, with a best estimate of $857,263. 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
$857,263
$886,584
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 $697,303 and $1,012,220. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$156,591 for 557 sqft less living space. Net adjustment: -$156,591.
Adjusted +$90,244 for 321 sqft more living space and -$7,185 for being older. Net adjustment: +$83,059.
Adjusted +$49,479 for 176 sqft more living space. Net adjustment: +$49,479.
Adjusted +$141,972 for 505 sqft more living space. Net adjustment: +$141,972.
Adjusted +$109,080 for 388 sqft more living space. Net adjustment: +$109,080.
The Neighborhood
This home is valued 2.7% 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 +2.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,363 across all districts. With a homestead exemption claimed, that drops to $14,728 — saving $1,635 per year. That's $1,227 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% | $9,314 |
| Williamson County | County | 0.3694% | $3,275 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,571 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $809 |
| Williamson County FM/Rd | County | 0.0443% | $393 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,363 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $857,263 would pay approximately $5,351 per month (principal and interest only, excluding taxes and insurance).