6217 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $592,441 and $911,606, with a best estimate of $701,973. 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
$701,973
$554,230
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 $592,441 and $911,606. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$171,985 for 781 sqft more living space. Net adjustment: +$171,985.
Adjusted +$270,860 for 1,230 sqft more living space. Net adjustment: +$270,860.
Adjusted +$4,845 for 22 sqft more living space. Net adjustment: +$4,845.
Adjusted +$46,465 for 211 sqft more living space. Net adjustment: +$46,465.
Adjusted +$128,163 for 582 sqft more living space. Net adjustment: +$128,163.
The Neighborhood
This home is valued 9.7% 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 +9.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,296 across all districts. With a homestead exemption claimed, that drops to $9,722 — saving $1,574 per year. That's $810 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% | $5,823 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,674 |
| Williamson County | County | 0.3694% | $2,048 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $505 |
| Williamson County FM/Rd | County | 0.0443% | $246 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $11,296 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $701,973 would pay approximately $4,382 per month (principal and interest only, excluding taxes and insurance).