517 SOMERSET WOODS CT, GEORGETOWN, TX 78633
GEORGETOWN, 78633 — williamson County
Property at a Glance
This home is estimated between $633,729 and $1,119,727, with a best estimate of $820,260. 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
$820,260
$906,300
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in G721617A - SOMERSET RANCH. The estimated range of $633,729 and $1,119,727 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$108,236 for 385 sqft less living space and -$7,185 for being older. Net adjustment: -$115,421.
Adjusted +$38,234 for 136 sqft more living space and -$21,556 for being older and +$60,193 for having a garage. Net adjustment: +$76,871.
Adjusted +$51,447 for 183 sqft more living space and -$7,185 for being older and +$60,193 for having a garage. Net adjustment: +$104,455.
Adjusted +$161,370 for 574 sqft more living space and -$7,185 for being older. Net adjustment: +$154,185.
Adjusted +$37,110 for 132 sqft more living space and +$150,889 for being newer and +$60,193 for having a garage. Net adjustment: +$248,192.
The Neighborhood
This home is valued 5.0% 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 +5.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,098 across all districts. With a homestead exemption claimed, that drops to $12,460 — saving $1,638 per year. That's $1,038 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% | $9,522 |
| Williamson County | County | 0.3694% | $3,348 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $827 |
| Williamson County FM/Rd | County | 0.0443% | $402 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.5556% | $14,098 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $820,260 would pay approximately $5,120 per month (principal and interest only, excluding taxes and insurance).