316 SOMERSET HILLS DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $727,171 and $965,938, with a best estimate of $880,951. 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
$880,951
$811,772
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $727,171 and $965,938. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$44,419 for 158 sqft more living space. Net adjustment: +$44,419.
Adjusted +$58,476 for 208 sqft more living space and -$7,185 for being older. Net adjustment: +$51,291.
Adjusted +$11,526 for 41 sqft more living space. Net adjustment: +$11,526.
Adjusted +$147,876 for 526 sqft more living space. Net adjustment: +$147,876.
Adjusted +$14,900 for 53 sqft more living space and +$93,408 for being newer. Net adjustment: +$108,308.
The Neighborhood
This home is valued 6.0% below the G721617A - SOMERSET RANCH median of $863,440. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G721617A - SOMERSET RANCH
typicalThis home is -6.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,982 across all districts. With a homestead exemption claimed, that drops to $13,361 — saving $1,621 per year. That's $1,113 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% | $8,528 |
| Williamson County | County | 0.3694% | $2,999 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,354 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $740 |
| Williamson County FM/Rd | County | 0.0443% | $360 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $14,982 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $880,951 would pay approximately $5,499 per month (principal and interest only, excluding taxes and insurance).