221 MIRANDA WAY, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $927,234 and $1,288,381, with a best estimate of $1,089,478. 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
$1,089,478
$1,020,242
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 $927,234 and $1,288,381. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$406,237 for 1,445 sqft more living space and +$7,185 for being newer. Net adjustment: +$413,422.
Adjusted +$322,459 for 1,147 sqft more living space and -$7,185 for being older. Net adjustment: +$315,274.
Adjusted +$175,989 for 626 sqft more living space and +$7,185 for being newer. Net adjustment: +$183,174.
Adjusted +$232,216 for 826 sqft more living space. Net adjustment: +$232,216.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 18.2% 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
above averageThis home is +18.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,208 across all districts. With a homestead exemption claimed, that drops to $16,555 — saving $1,653 per year. That's $1,380 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% | $10,365 |
| Williamson County | County | 0.3694% | $3,645 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,861 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $900 |
| Williamson County FM/Rd | County | 0.0443% | $437 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $18,208 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,089,478 would pay approximately $6,800 per month (principal and interest only, excluding taxes and insurance).