6201 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $547,311 and $782,734, with a best estimate of $687,563. 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
$687,563
$632,741
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 $547,311 and $782,734. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$23,342 for 106 sqft less living space and -$12,321 for being older. Net adjustment: -$35,663.
Adjusted -$12,992 for 59 sqft less living space. Net adjustment: -$12,992.
Adjusted +$80,597 for 366 sqft more living space and -$24,641 for being older. Net adjustment: +$55,956.
Adjusted +$152,606 for 693 sqft more living space and -$24,641 for being older. Net adjustment: +$127,965.
Adjusted +$152,606 for 693 sqft more living space and -$24,641 for being older. Net adjustment: +$127,965.
The Neighborhood
This home is valued 25.2% 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
above averageThis home is +25.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,896 across all districts. With a homestead exemption claimed, that drops to $11,308 — saving $1,588 per year. That's $942 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% | $6,648 |
| Williamson County MUD #15 | MUD | 0.4825% | $3,053 |
| Williamson County | County | 0.3694% | $2,338 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $577 |
| Williamson County FM/Rd | County | 0.0443% | $280 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $12,896 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $687,563 would pay approximately $4,292 per month (principal and interest only, excluding taxes and insurance).