6204 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $480,464 and $643,186, with a best estimate of $524,367. That places the property above the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$524,367
$477,177
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G571617B - Teravista Sec 40, this home's estimated market value is between $480,464 and $643,186. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$56,374 for 256 sqft more living space. Net adjustment: +$56,374.
Adjusted +$151,505 for 688 sqft more living space. Net adjustment: +$151,505.
Adjusted +$84,781 for 385 sqft more living space. Net adjustment: +$84,781.
Adjusted +$149,964 for 681 sqft more living space. Net adjustment: +$149,964.
Adjusted +$41,840 for 190 sqft more living space and -$12,321 for being older. Net adjustment: +$29,519.
The Neighborhood
This home is valued 5.6% below the G571617B - Teravista Sec 40 median of $505,314. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
typicalThis home is -5.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,725 across all districts. With a homestead exemption claimed, that drops to $8,166 — saving $1,559 per year. That's $681 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% | $5,013 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,302 |
| Williamson County | County | 0.3694% | $1,763 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $435 |
| Williamson County FM/Rd | County | 0.0443% | $212 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,725 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $524,367 would pay approximately $3,273 per month (principal and interest only, excluding taxes and insurance).