6137 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $520,627 and $678,044, with a best estimate of $570,385. 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
$570,385
$522,526
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $520,627 and $678,044. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$46,244 for 210 sqft more living space. Net adjustment: +$46,244.
Adjusted +$14,094 for 64 sqft more living space. Net adjustment: +$14,094.
Adjusted +$55,934 for 254 sqft more living space and -$24,641 for being older. Net adjustment: +$31,293.
Adjusted -$68,706 for 312 sqft less living space. Net adjustment: -$68,706.
Adjusted -$39,418 for 179 sqft less living space and -$36,962 for being older. Net adjustment: -$76,380.
The Neighborhood
This home is valued 3.4% 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 +3.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,649 across all districts. With a homestead exemption claimed, that drops to $9,082 — saving $1,567 per year. That's $757 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% | $5,490 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,521 |
| Williamson County | County | 0.3694% | $1,930 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,649 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $570,385 would pay approximately $3,560 per month (principal and interest only, excluding taxes and insurance).