6221 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $382,245 and $739,621, with a best estimate of $529,988. 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
$529,988
$622,200
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 $382,245 and $739,621. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$171,985 for 781 sqft less living space. Net adjustment: -$171,985.
Adjusted +$98,875 for 449 sqft more living space. Net adjustment: +$98,875.
Adjusted -$125,520 for 570 sqft less living space. Net adjustment: -$125,520.
Adjusted -$43,822 for 199 sqft less living space. Net adjustment: -$43,822.
Adjusted +$87,644 for 398 sqft more living space and -$24,641 for being older. Net adjustment: +$63,003.
The Neighborhood
This home is valued 23.1% 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 +23.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,681 across all districts. With a homestead exemption claimed, that drops to $11,095 — saving $1,586 per year. That's $925 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% | $6,537 |
| Williamson County MUD #15 | MUD | 0.4825% | $3,002 |
| Williamson County | County | 0.3694% | $2,299 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $567 |
| Williamson County FM/Rd | County | 0.0443% | $276 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $12,681 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $529,988 would pay approximately $3,308 per month (principal and interest only, excluding taxes and insurance).