6025 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $461,834 and $542,204, with a best estimate of $489,236. That places the property below the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$489,236
$475,260
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 $461,834 and $542,204. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$11,231 for 51 sqft more living space and +$12,321 for being newer. Net adjustment: +$23,552.
Adjusted -$20,259 for 92 sqft less living space. Net adjustment: -$20,259.
Adjusted -$26,646 for 121 sqft less living space. Net adjustment: -$26,646.
Adjusted +$40,959 for 186 sqft more living space. Net adjustment: +$40,959.
Adjusted -$51,750 for 235 sqft less living space and -$12,321 for being older. Net adjustment: -$64,071.
The Neighborhood
This home is valued 5.9% below the G571617B - Teravista Sec 40 median of $505,314. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
typicalThis home is -5.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,686 across all districts. With a homestead exemption claimed, that drops to $8,128 — saving $1,558 per year. That's $677 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% | $4,993 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,293 |
| Williamson County | County | 0.3694% | $1,756 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $433 |
| Williamson County FM/Rd | County | 0.0443% | $211 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,686 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $489,236 would pay approximately $3,054 per month (principal and interest only, excluding taxes and insurance).