406 MIRANDA WAY, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $728,690 and $935,701, with a best estimate of $807,680. 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
$807,680
$940,179
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 $728,690 and $935,701. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$1,406 for 5 sqft more living space and -$7,185 for being older. Net adjustment: -$5,779.
Adjusted +$30,643 for 109 sqft more living space and -$7,185 for being older. Net adjustment: +$23,458.
Adjusted -$171,772 for 611 sqft less living space and -$7,185 for being older. Net adjustment: -$178,957.
Adjusted +$47,230 for 168 sqft more living space and -$7,185 for being older. Net adjustment: +$40,045.
Adjusted +$20,523 for 73 sqft more living space and -$7,185 for being older. Net adjustment: +$13,338.
The Neighborhood
This home is valued 8.9% 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 +8.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,352 across all districts. With a homestead exemption claimed, that drops to $15,707 — saving $1,645 per year. That's $1,309 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% | $9,878 |
| Williamson County | County | 0.3694% | $3,473 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,727 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $857 |
| Williamson County FM/Rd | County | 0.0443% | $417 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $17,352 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $807,680 would pay approximately $5,042 per month (principal and interest only, excluding taxes and insurance).