1138 WOODPARK LN, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $708,356 and $965,812, with a best estimate of $855,837. 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
$855,837
$903,140
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 $708,356 and $965,812. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$59,600 for 212 sqft more living space. Net adjustment: +$59,600.
Adjusted +$32,893 for 117 sqft more living space. Net adjustment: +$32,893.
Adjusted -$59,600 for 212 sqft less living space. Net adjustment: -$59,600.
Adjusted +$843 for 3 sqft more living space. Net adjustment: +$843.
Adjusted +$43,013 for 153 sqft more living space. Net adjustment: +$43,013.
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 $16,668 across all districts. With a homestead exemption claimed, that drops to $15,030 — saving $1,638 per year. That's $1,253 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% | $9,488 |
| Williamson County | County | 0.3694% | $3,337 |
| Somerset Hills Rd District #3 | Road | 0.2900% | $2,619 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $824 |
| Williamson County FM/Rd | County | 0.0443% | $400 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8456% | $16,668 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $855,837 would pay approximately $5,342 per month (principal and interest only, excluding taxes and insurance).