6145 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $508,432 and $700,556, with a best estimate of $560,304. 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
$560,304
$663,950
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 $508,432 and $700,556. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$32,151 for 146 sqft more living space. Net adjustment: +$32,151.
Adjusted -$14,094 for 64 sqft less living space. Net adjustment: -$14,094.
Adjusted +$165,599 for 752 sqft more living space and -$24,641 for being older. Net adjustment: +$140,958.
Adjusted +$93,590 for 425 sqft more living space and -$24,641 for being older. Net adjustment: +$68,949.
Adjusted +$12,992 for 59 sqft more living space. Net adjustment: +$12,992.
The Neighborhood
This home is valued 31.4% 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 +31.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,532 across all districts. With a homestead exemption claimed, that drops to $11,938 — saving $1,594 per year. That's $995 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% | $6,975 |
| Williamson County MUD #15 | MUD | 0.4825% | $3,204 |
| Williamson County | County | 0.3694% | $2,453 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $606 |
| Williamson County FM/Rd | County | 0.0443% | $294 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $13,532 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $560,304 would pay approximately $3,497 per month (principal and interest only, excluding taxes and insurance).