6132 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $396,490 and $543,399, with a best estimate of $504,776. That places the property below the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$504,776
$559,598
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 $396,490 and $543,399. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$72,009 for 327 sqft less living space. Net adjustment: -$72,009.
Adjusted -$165,599 for 752 sqft less living space and +$24,641 for being newer. Net adjustment: -$140,958.
This comparable closely matches the subject property's features.
Adjusted -$152,606 for 693 sqft less living space and +$24,641 for being newer. Net adjustment: -$127,965.
Adjusted +$44,703 for 203 sqft more living space and +$12,321 for being newer. Net adjustment: +$57,024.
The Neighborhood
This home is valued 10.7% above the G571617B - Teravista Sec 40 median of $505,314. With 540 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
typicalThis home is +10.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,405 across all districts. With a homestead exemption claimed, that drops to $9,831 — saving $1,574 per year. That's $819 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% | $5,879 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,700 |
| Williamson County | County | 0.3694% | $2,067 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $510 |
| Williamson County FM/Rd | County | 0.0443% | $248 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $11,405 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $504,776 would pay approximately $3,151 per month (principal and interest only, excluding taxes and insurance).