1016 TERAVISTA XING, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $391,857 and $524,423, with a best estimate of $454,697. 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
$454,697
$494,713
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 $391,857 and $524,423. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$37,436 for 170 sqft less living space. Net adjustment: -$37,436.
Adjusted +$24,003 for 109 sqft more living space. Net adjustment: +$24,003.
Adjusted -$18,498 for 84 sqft less living space and +$24,641 for being newer. Net adjustment: +$6,143.
Adjusted +$17,397 for 79 sqft more living space. Net adjustment: +$17,397.
Adjusted +$52,410 for 238 sqft more living space and +$12,321 for being newer. Net adjustment: +$64,731.
The Neighborhood
This home is valued 2.1% below the G571617B - Teravista Sec 40 median of $505,314. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
typicalThis home is -2.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,083 across all districts. With a homestead exemption claimed, that drops to $8,520 — saving $1,563 per year. That's $710 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% | $5,197 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,387 |
| Williamson County | County | 0.3694% | $1,828 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $451 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,083 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $454,697 would pay approximately $2,838 per month (principal and interest only, excluding taxes and insurance).