1121 WOODPARK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $357,389 and $926,326, with a best estimate of $845,071. 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
$845,071
$937,372
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 $357,389 and $926,326. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$19,960 for 71 sqft more living space. Net adjustment: +$19,960.
Adjusted +$87,995 for 313 sqft more living space and -$35,926 for being older. Net adjustment: +$52,069.
Adjusted -$19,679 for 70 sqft less living space and -$7,185 for being older. Net adjustment: -$26,864.
Adjusted +$29,800 for 106 sqft more living space and -$7,185 for being older. Net adjustment: +$22,615.
Adjusted +$25,864 for 92 sqft more living space and -$7,185 for being older. Net adjustment: +$18,679.
The Neighborhood
This home is valued 8.6% 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 +8.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,300 across all districts. With a homestead exemption claimed, that drops to $15,656 — saving $1,644 per year. That's $1,305 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% | $9,848 |
| Williamson County | County | 0.3694% | $3,463 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,718 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $855 |
| Williamson County FM/Rd | County | 0.0443% | $416 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $17,300 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $845,071 would pay approximately $5,275 per month (principal and interest only, excluding taxes and insurance).