504 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $295,982 and $327,713, with a best estimate of $310,230. That places the property below the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$310,230
$308,934
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G125483H - Reata East & Reata Trails, this home's estimated market value is between $295,982 and $327,713. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$14,355 for 67 sqft more living space and -$3,052 for being older. Net adjustment: +$11,303.
Adjusted +$35,781 for 167 sqft more living space and -$3,052 for being older. Net adjustment: +$32,729.
Adjusted +$6,856 for 32 sqft more living space and -$6,103 for being older. Net adjustment: +$753.
Adjusted +$17,998 for 84 sqft more living space and -$6,103 for being older. Net adjustment: +$11,895.
Adjusted +$60,421 for 282 sqft more living space and -$3,052 for being older. Net adjustment: +$57,369.
The Neighborhood
This home is valued 2.6% below the G125483H - Reata East & Reata Trails median of $317,290. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G125483H - Reata East & Reata Trails
typicalThis home is -2.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,614 across all districts. With a homestead exemption claimed, that drops to $4,032 — saving $1,582 per year. That's $336 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% | $3,246 |
| Williamson County | County | 0.3694% | $1,141 |
| Georgetown | City | 0.3530% | $1,091 |
| Williamson County FM/Rd | County | 0.0443% | $137 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,614 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $310,230 would pay approximately $1,936 per month (principal and interest only, excluding taxes and insurance).