202 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $229,470 and $298,548, with a best estimate of $284,720. That places the property below the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$284,720
$281,669
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G125483H - Reata East & Reata Trails, this home's estimated market value is between $229,470 and $298,548. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,855 for 88 sqft more living space. Net adjustment: +$18,855.
Adjusted -$11,999 for 56 sqft less living space and -$3,052 for being older. Net adjustment: -$15,051.
Adjusted -$81,419 for 380 sqft less living space and -$9,155 for being older. Net adjustment: -$90,574.
Adjusted +$1,714 for 8 sqft more living space. Net adjustment: +$1,714.
Adjusted -$45,637 for 213 sqft less living space and -$18,310 for being older and -$5,479 for no pool. Net adjustment: -$69,426.
The Neighborhood
This home is valued 11.2% below the G125483H - Reata East & Reata Trails median of $317,290. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G125483H - Reata East & Reata Trails
typicalThis home is -11.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,119 across all districts. With a homestead exemption claimed, that drops to $3,546 — saving $1,573 per year. That's $296 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% | $2,959 |
| Williamson County | County | 0.3694% | $1,041 |
| Georgetown | City | 0.3530% | $994 |
| Williamson County FM/Rd | County | 0.0443% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,119 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $284,720 would pay approximately $1,777 per month (principal and interest only, excluding taxes and insurance).