6309 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $347,782 and $551,536, with a best estimate of $388,712. 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
$388,712
$462,219
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 $347,782 and $551,536. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$122,217 for 555 sqft less living space and +$12,321 for being newer. Net adjustment: -$109,896.
Adjusted -$18,718 for 85 sqft less living space. Net adjustment: -$18,718.
Adjusted +$16,736 for 76 sqft more living space and -$12,321 for being older. Net adjustment: +$4,415.
Adjusted -$50,208 for 228 sqft less living space and -$12,321 for being older. Net adjustment: -$62,529.
Adjusted -$171,765 for 780 sqft less living space. Net adjustment: -$171,765.
The Neighborhood
This home is valued 8.5% 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 -8.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,420 across all districts. With a homestead exemption claimed, that drops to $7,864 — saving $1,556 per year. That's $655 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% | $4,856 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,230 |
| Williamson County | County | 0.3694% | $1,708 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $422 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,420 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $388,712 would pay approximately $2,426 per month (principal and interest only, excluding taxes and insurance).