508 SOMERSET WOODS CT, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $779,088 and $879,477, with a best estimate of $810,876. 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
$810,876
$902,748
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $779,088 and $879,477. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$25,021 for 89 sqft more living space and +$7,185 for being newer. Net adjustment: +$32,206.
Adjusted -$26,989 for 96 sqft less living space and +$14,370 for being newer. Net adjustment: -$12,619.
Adjusted -$136,349 for 485 sqft less living space and +$14,370 for being newer. Net adjustment: -$121,979.
Adjusted -$41,327 for 147 sqft less living space and -$7,185 for being older. Net adjustment: -$48,512.
Adjusted -$41,327 for 147 sqft less living space and -$7,185 for being older. Net adjustment: -$48,512.
The Neighborhood
This home is valued 4.6% 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
typicalThis home is +4.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,043 across all districts. With a homestead exemption claimed, that drops to $12,405 — saving $1,638 per year. That's $1,034 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% | $9,484 |
| Williamson County | County | 0.3694% | $3,335 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $823 |
| Williamson County FM/Rd | County | 0.0443% | $400 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $14,043 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $810,876 would pay approximately $5,061 per month (principal and interest only, excluding taxes and insurance).