6141 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $474,382 and $631,799, with a best estimate of $528,153. 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
$528,153
$524,141
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 $474,382 and $631,799. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$46,244 for 210 sqft less living space. Net adjustment: -$46,244.
Adjusted -$32,151 for 146 sqft less living space. Net adjustment: -$32,151.
Adjusted +$9,689 for 44 sqft more living space and -$24,641 for being older. Net adjustment: -$14,952.
Adjusted +$61,439 for 279 sqft more living space and -$24,641 for being older. Net adjustment: +$36,798.
Adjusted -$19,158 for 87 sqft less living space. Net adjustment: -$19,158.
The Neighborhood
This home is valued 3.7% 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 +3.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,682 across all districts. With a homestead exemption claimed, that drops to $9,115 — saving $1,567 per year. That's $760 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% | $5,507 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,529 |
| Williamson County | County | 0.3694% | $1,936 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $478 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,682 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $528,153 would pay approximately $3,297 per month (principal and interest only, excluding taxes and insurance).