313 SOMERSET HILLS DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $724,660 and $914,647, with a best estimate of $760,481. 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
$760,481
$907,118
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 $724,660 and $914,647. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$89,400 for 318 sqft more living space and +$7,185 for being newer. Net adjustment: +$96,585.
Adjusted -$58,476 for 208 sqft less living space and +$7,185 for being newer. Net adjustment: -$51,291.
Adjusted -$14,057 for 50 sqft less living space and +$7,185 for being newer. Net adjustment: -$6,872.
Adjusted -$46,949 for 167 sqft less living space and +$7,185 for being newer. Net adjustment: -$39,764.
Adjusted -$9,277 for 33 sqft less living space and +$21,556 for being newer. Net adjustment: +$12,279.
The Neighborhood
This home is valued 5.1% 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 +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,742 across all districts. With a homestead exemption claimed, that drops to $15,103 — saving $1,639 per year. That's $1,259 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% | $9,530 |
| Williamson County | County | 0.3694% | $3,351 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,631 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $827 |
| Williamson County FM/Rd | County | 0.0443% | $402 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,742 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $760,481 would pay approximately $4,747 per month (principal and interest only, excluding taxes and insurance).