6313 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $660,692 and $768,147, with a best estimate of $684,575. That places the property above the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$684,575
$554,124
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 $660,692 and $768,147. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$245,536 for 1,115 sqft more living space and +$12,321 for being newer. Net adjustment: +$257,857.
Adjusted +$128,824 for 585 sqft more living space and +$12,321 for being newer. Net adjustment: +$141,145.
Adjusted +$250,380 for 1,137 sqft more living space. Net adjustment: +$250,380.
Adjusted +$250,380 for 1,137 sqft more living space. Net adjustment: +$250,380.
Adjusted +$158,332 for 719 sqft more living space and +$12,321 for being newer. Net adjustment: +$170,653.
The Neighborhood
This home is valued 9.7% 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
typicalThis home is +9.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,293 across all districts. With a homestead exemption claimed, that drops to $9,720 — saving $1,573 per year. That's $810 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% | $5,822 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,674 |
| Williamson County | County | 0.3694% | $2,047 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $505 |
| Williamson County FM/Rd | County | 0.0443% | $246 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $11,293 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $684,575 would pay approximately $4,273 per month (principal and interest only, excluding taxes and insurance).