6112 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $410,185 and $598,280, with a best estimate of $438,517. 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
$438,517
$459,116
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 $410,185 and $598,280. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$33,032 for 150 sqft less living space. Net adjustment: -$33,032.
Adjusted -$92,048 for 418 sqft less living space. Net adjustment: -$92,048.
Adjusted -$97,113 for 441 sqft less living space. Net adjustment: -$97,113.
Adjusted +$6,386 for 29 sqft more living space. Net adjustment: +$6,386.
Adjusted +$24,884 for 113 sqft more living space and -$12,321 for being older. Net adjustment: +$12,563.
The Neighborhood
This home is valued 9.1% 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 -9.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,357 across all districts. With a homestead exemption claimed, that drops to $7,801 — saving $1,556 per year. That's $650 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% | $4,823 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,215 |
| Williamson County | County | 0.3694% | $1,696 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $419 |
| Williamson County FM/Rd | County | 0.0443% | $204 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,357 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $438,517 would pay approximately $2,737 per month (principal and interest only, excluding taxes and insurance).