305 SOMERSET HILLS DR, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $710,169 and $902,370, with a best estimate of $798,234. 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
$798,234
$722,285
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 $710,169 and $902,370. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$98,678 for 351 sqft more living space and -$14,370 for being older. Net adjustment: +$84,308.
Adjusted +$21,366 for 76 sqft more living space and -$14,370 for being older. Net adjustment: +$6,996.
Adjusted -$44,419 for 158 sqft less living space and -$7,185 for being older. Net adjustment: -$51,604.
Adjusted -$173,740 for 618 sqft less living space and -$14,370 for being older. Net adjustment: -$188,110.
Adjusted -$37,672 for 134 sqft less living space and -$14,370 for being older. Net adjustment: -$52,042.
The Neighborhood
This home is valued 16.3% 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
below averageThis home is -16.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,330 across all districts. With a homestead exemption claimed, that drops to $11,726 — saving $1,604 per year. That's $977 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% | $7,588 |
| Williamson County | County | 0.3694% | $2,668 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,095 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $659 |
| Williamson County FM/Rd | County | 0.0443% | $320 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $13,330 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $798,234 would pay approximately $4,983 per month (principal and interest only, excluding taxes and insurance).