118 MIRANDA WAY, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $957,596 and $1,243,679, with a best estimate of $1,076,375. 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
$1,076,375
$1,058,675
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 $957,596 and $1,243,679. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$308,403 for 1,097 sqft more living space. Net adjustment: +$308,403.
Adjusted +$45,544 for 162 sqft more living space and +$7,185 for being newer. Net adjustment: +$52,729.
Adjusted +$199,042 for 708 sqft more living space. Net adjustment: +$199,042.
Adjusted +$271,012 for 964 sqft more living space. Net adjustment: +$271,012.
Adjusted +$30,362 for 108 sqft more living space. Net adjustment: +$30,362.
The Neighborhood
This home is valued 22.6% 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
above averageThis home is +22.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $19,539 across all districts. With a homestead exemption claimed, that drops to $17,872 — saving $1,667 per year. That's $1,489 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% | $11,122 |
| Williamson County | County | 0.3694% | $3,911 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $3,070 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $966 |
| Williamson County FM/Rd | County | 0.0443% | $469 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $19,539 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,076,375 would pay approximately $6,719 per month (principal and interest only, excluding taxes and insurance).