5113 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $404,484 and $543,264, with a best estimate of $410,612. 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
$410,612
$636,607
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $404,484 and $543,264. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$27,086 for 123 sqft more living space and -$12,321 for being older. Net adjustment: +$14,765.
Adjusted -$89,846 for 408 sqft less living space and +$12,321 for being newer. Net adjustment: -$77,525.
Adjusted -$92,929 for 422 sqft less living space and -$12,321 for being older. Net adjustment: -$105,250.
Adjusted +$20,700 for 94 sqft more living space and -$12,321 for being older. Net adjustment: +$8,379.
Adjusted +$20,700 for 94 sqft more living space and -$12,321 for being older. Net adjustment: +$8,379.
The Neighborhood
This home is valued 26.0% above the G571617B - Teravista Sec 40 median of $505,314. With 540 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
above averageThis home is +26.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,975 across all districts. With a homestead exemption claimed, that drops to $11,386 — saving $1,589 per year. That's $949 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% | $6,688 |
| Williamson County MUD #15 | MUD | 0.4825% | $3,072 |
| Williamson County | County | 0.3694% | $2,352 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $581 |
| Williamson County FM/Rd | County | 0.0443% | $282 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $12,975 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $410,612 would pay approximately $2,563 per month (principal and interest only, excluding taxes and insurance).