512 SOMERSET WOODS CT, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $779,273 and $894,265, with a best estimate of $878,901. 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
$878,901
$957,636
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G721617A - SOMERSET RANCH. The estimated range of $779,273 and $894,265 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$127,915 for 455 sqft more living space and -$14,370 for being older. Net adjustment: +$113,545.
Adjusted +$60,162 for 214 sqft more living space and -$7,185 for being older. Net adjustment: +$52,977.
Adjusted +$194,263 for 691 sqft more living space and -$50,296 for being older. Net adjustment: +$143,967.
Adjusted +$195,387 for 695 sqft more living space and -$50,296 for being older. Net adjustment: +$145,091.
Adjusted +$54,540 for 194 sqft more living space and -$50,296 for being older. Net adjustment: +$4,244.
The Neighborhood
This home is valued 10.9% 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 +10.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,674 across all districts. With a homestead exemption claimed, that drops to $16,026 — saving $1,648 per year. That's $1,336 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% | $10,061 |
| Williamson County | County | 0.3694% | $3,538 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,777 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $873 |
| Williamson County FM/Rd | County | 0.0443% | $425 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $17,674 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $878,901 would pay approximately $5,486 per month (principal and interest only, excluding taxes and insurance).