1013 SOMERSET MEADOW WAY, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $883,180 and $1,015,455, with a best estimate of $917,611. 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
$917,611
$865,888
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 $883,180 and $1,015,455. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$124,823 for 444 sqft more living space and +$14,370 for being newer. Net adjustment: +$139,193.
Adjusted +$232,778 for 828 sqft more living space and -$7,185 for being older. Net adjustment: +$225,593.
Adjusted +$148,719 for 529 sqft more living space. Net adjustment: +$148,719.
Adjusted +$132,695 for 472 sqft more living space and +$7,185 for being newer. Net adjustment: +$139,880.
Adjusted +$81,247 for 289 sqft more living space and -$7,185 for being older. Net adjustment: +$74,062.
The Neighborhood
This home is in line with the G721617A - SOMERSET RANCH median of $863,440. Note that values in this subdivision declined 4.3% over the past year.
G721617A - SOMERSET RANCH
typicalThis home is +0.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,470 across all districts. With a homestead exemption claimed, that drops to $11,839 — saving $1,631 per year. That's $987 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% | $9,097 |
| Williamson County | County | 0.3694% | $3,199 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $790 |
| Williamson County FM/Rd | County | 0.0443% | $384 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $13,470 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $917,611 would pay approximately $5,728 per month (principal and interest only, excluding taxes and insurance).