5005 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $288,737 and $553,500, with a best estimate of $315,212. 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
$315,212
$519,884
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 $288,737 and $553,500. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$66,944 for 304 sqft less living space. Net adjustment: -$66,944.
Adjusted +$30,389 for 138 sqft more living space. Net adjustment: +$30,389.
Adjusted -$112,968 for 513 sqft less living space. Net adjustment: -$112,968.
Adjusted -$129,925 for 590 sqft less living space and -$12,321 for being older. Net adjustment: -$142,246.
Adjusted -$116,492 for 529 sqft less living space. Net adjustment: -$116,492.
The Neighborhood
This home is valued 2.9% 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 +2.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,596 across all districts. With a homestead exemption claimed, that drops to $9,029 — saving $1,567 per year. That's $752 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% | $5,462 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,508 |
| Williamson County | County | 0.3694% | $1,921 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $230 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,596 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $315,212 would pay approximately $1,968 per month (principal and interest only, excluding taxes and insurance).