1114 WOODPARK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $795,807 and $1,000,345, with a best estimate of $821,999. 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
$821,999
$799,740
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 $795,807 and $1,000,345. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$103,738 for 369 sqft less living space. Net adjustment: -$103,738.
Adjusted -$49,479 for 176 sqft less living space. Net adjustment: -$49,479.
Adjusted -$62,974 for 224 sqft less living space. Net adjustment: -$62,974.
Adjusted +$63,817 for 227 sqft more living space and +$7,185 for being newer. Net adjustment: +$71,002.
Adjusted -$100,083 for 356 sqft less living space and +$7,185 for being newer. Net adjustment: -$92,898.
The Neighborhood
This home is valued 7.4% below the G721617A - SOMERSET RANCH median of $863,440. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G721617A - SOMERSET RANCH
typicalThis home is -7.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,760 across all districts. With a homestead exemption claimed, that drops to $13,141 — saving $1,619 per year. That's $1,095 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% | $8,402 |
| Williamson County | County | 0.3694% | $2,955 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,319 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $729 |
| Williamson County FM/Rd | County | 0.0443% | $355 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $14,760 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $821,999 would pay approximately $5,131 per month (principal and interest only, excluding taxes and insurance).