5700 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $310,405 and $526,182, with a best estimate of $355,397. That places the property below the G571513C - TERAVISTA 322B & 323 median of $382,317, in a neighborhood that declined 10.9% over the past year.
Estimated Value Range
$355,397
$340,307
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G571513C - TERAVISTA 322B & 323, this home's estimated market value is between $310,405 and $526,182. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$47,526 for 223 sqft less living space. Net adjustment: -$47,526.
Adjusted -$30,690 for 144 sqft less living space. Net adjustment: -$30,690.
Adjusted +$26,427 for 124 sqft more living space. Net adjustment: +$26,427.
Adjusted -$34,100 for 160 sqft less living space. Net adjustment: -$34,100.
Adjusted +$97,397 for 457 sqft more living space. Net adjustment: +$97,397.
The Neighborhood
This home is valued 11.0% below the G571513C - TERAVISTA 322B & 323 median of $382,317. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 10.9% over the past year.
G571513C - TERAVISTA 322B & 323
typicalThis home is -11.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,936 across all districts. With a homestead exemption claimed, that drops to $5,402 — saving $1,534 per year. That's $450 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% | $3,575 |
| Williamson County MUD #15 | MUD | 0.4825% | $1,642 |
| Williamson County | County | 0.3694% | $1,257 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $310 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $6,936 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $355,397 would pay approximately $2,218 per month (principal and interest only, excluding taxes and insurance).