6229 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $507,765 and $865,141, with a best estimate of $655,508. 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
$655,508
$545,976
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $507,765 and $865,141. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$224,395 for 1,019 sqft more living space. Net adjustment: +$224,395.
Adjusted +$81,698 for 371 sqft more living space. Net adjustment: +$81,698.
Adjusted +$125,520 for 570 sqft more living space. Net adjustment: +$125,520.
Adjusted -$61,879 for 281 sqft less living space and -$24,641 for being older. Net adjustment: -$86,520.
Adjusted -$46,465 for 211 sqft less living space. Net adjustment: -$46,465.
The Neighborhood
This home is valued 8.0% 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 +8.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,127 across all districts. With a homestead exemption claimed, that drops to $9,556 — saving $1,571 per year. That's $796 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% | $5,736 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,634 |
| Williamson County | County | 0.3694% | $2,017 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $498 |
| Williamson County FM/Rd | County | 0.0443% | $242 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $11,127 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $655,508 would pay approximately $4,092 per month (principal and interest only, excluding taxes and insurance).