300 SOMERSET HILLS DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $909,665 and $1,005,493, with a best estimate of $968,991. 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
$968,991
$898,279
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 $909,665 and $1,005,493. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$195,106 for 694 sqft more living space. Net adjustment: +$195,106.
Adjusted +$173,740 for 618 sqft more living space and +$14,370 for being newer. Net adjustment: +$188,110.
Adjusted +$129,321 for 460 sqft more living space and +$7,185 for being newer. Net adjustment: +$136,506.
Adjusted +$136,068 for 484 sqft more living space. Net adjustment: +$136,068.
Adjusted +$81,529 for 290 sqft more living space and -$7,185 for being older and -$6,235 for no pool. Net adjustment: +$68,109.
The Neighborhood
This home is valued 4.0% 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 +4.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,578 across all districts. With a homestead exemption claimed, that drops to $14,942 — saving $1,636 per year. That's $1,245 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% | $9,437 |
| Williamson County | County | 0.3694% | $3,319 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,605 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $819 |
| Williamson County FM/Rd | County | 0.0443% | $398 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,578 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $968,991 would pay approximately $6,048 per month (principal and interest only, excluding taxes and insurance).