6233 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $426,067 and $783,443, with a best estimate of $558,285. 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
$558,285
$573,810
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 $426,067 and $783,443. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$81,698 for 371 sqft less living space. Net adjustment: -$81,698.
Adjusted +$142,697 for 648 sqft more living space. Net adjustment: +$142,697.
Adjusted +$59,677 for 271 sqft more living space. Net adjustment: +$59,677.
Adjusted +$43,822 for 199 sqft more living space. Net adjustment: +$43,822.
Adjusted -$128,163 for 582 sqft less living space. Net adjustment: -$128,163.
The Neighborhood
This home is valued 13.6% 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 +13.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,695 across all districts. With a homestead exemption claimed, that drops to $10,118 — saving $1,577 per year. That's $843 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% | $6,028 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,769 |
| Williamson County | County | 0.3694% | $2,120 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $523 |
| Williamson County FM/Rd | County | 0.0443% | $254 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $11,695 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $558,285 would pay approximately $3,485 per month (principal and interest only, excluding taxes and insurance).