400 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $362,495 and $417,006, with a best estimate of $385,909. That places the property above the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$385,909
$352,596
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 $362,495 and $417,006. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$99,417 for 464 sqft more living space. Net adjustment: +$99,417.
Adjusted +$45,852 for 214 sqft more living space and -$3,052 for being older. Net adjustment: +$42,800.
Adjusted +$82,490 for 385 sqft more living space. Net adjustment: +$82,490.
Adjusted +$134,555 for 628 sqft more living space. Net adjustment: +$134,555.
Adjusted +$39,852 for 186 sqft more living space and -$6,103 for being older. Net adjustment: +$33,749.
The Neighborhood
This home is valued 11.1% above the G125483H - Reata East & Reata Trails median of $317,290. With 289 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G125483H - Reata East & Reata Trails
typicalThis home is +11.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,408 across all districts. With a homestead exemption claimed, that drops to $4,810 — saving $1,598 per year. That's $401 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% | $3,704 |
| Williamson County | County | 0.3694% | $1,303 |
| Georgetown | City | 0.3530% | $1,245 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,408 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $385,909 would pay approximately $2,409 per month (principal and interest only, excluding taxes and insurance).