600 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $219,929 and $307,277, with a best estimate of $255,536. 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
$255,536
$253,316
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 $219,929 and $307,277. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$24,640 for 115 sqft less living space. Net adjustment: -$24,640.
Adjusted +$6,214 for 29 sqft more living space. Net adjustment: +$6,214.
Adjusted -$105,202 for 491 sqft less living space and -$3,052 for being older. Net adjustment: -$108,254.
Adjusted -$22,069 for 103 sqft less living space. Net adjustment: -$22,069.
Adjusted -$60,421 for 282 sqft less living space and +$3,052 for being newer. Net adjustment: -$57,369.
The Neighborhood
This home is valued 20.2% 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
below averageThis home is -20.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,604 across all districts. With a homestead exemption claimed, that drops to $3,041 — saving $1,563 per year. That's $253 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% | $2,661 |
| Williamson County | County | 0.3694% | $936 |
| Georgetown | City | 0.3530% | $894 |
| Williamson County FM/Rd | County | 0.0443% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,604 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $255,536 would pay approximately $1,595 per month (principal and interest only, excluding taxes and insurance).