520 SOMERSET WOODS CT, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $766,734 and $1,021,721, with a best estimate of $857,974. 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
$857,974
$749,150
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G721617A - SOMERSET RANCH. The estimated range of $766,734 and $1,021,721 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$108,236 for 385 sqft more living space and +$7,185 for being newer. Net adjustment: +$115,421.
Adjusted +$146,470 for 521 sqft more living space and -$14,370 for being older and +$60,193 for having a garage. Net adjustment: +$192,293.
Adjusted +$159,683 for 568 sqft more living space and +$60,193 for having a garage. Net adjustment: +$219,876.
Adjusted -$63,817 for 227 sqft less living space and +$165,259 for being newer and -$6,235 for no pool and +$60,193 for having a garage. Net adjustment: +$155,400.
Adjusted +$71,408 for 254 sqft more living space and +$100,593 for being newer. Net adjustment: +$172,001.
The Neighborhood
This home is valued 13.2% 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 -13.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,654 across all districts. With a homestead exemption claimed, that drops to $10,044 — saving $1,610 per year. That's $837 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% | $7,871 |
| Williamson County | County | 0.3694% | $2,768 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $683 |
| Williamson County FM/Rd | County | 0.0443% | $332 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $11,654 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $857,974 would pay approximately $5,355 per month (principal and interest only, excluding taxes and insurance).