5117 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $331,285 and $620,790, with a best estimate of $369,350. 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
$369,350
$604,084
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 $331,285 and $620,790. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$116,932 for 531 sqft more living space and -$24,641 for being older. Net adjustment: +$92,291.
Adjusted -$3,083 for 14 sqft less living space and -$24,641 for being older. Net adjustment: -$27,724.
Adjusted -$7,267 for 33 sqft less living space and -$24,641 for being older. Net adjustment: -$31,908.
Adjusted -$53,071 for 241 sqft less living space. Net adjustment: -$53,071.
Adjusted +$16,296 for 74 sqft more living space and -$110,885 for being older. Net adjustment: -$94,589.
The Neighborhood
This home is valued 19.5% 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 +19.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,312 across all districts. With a homestead exemption claimed, that drops to $10,729 — saving $1,583 per year. That's $894 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% | $6,347 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,915 |
| Williamson County | County | 0.3694% | $2,232 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $551 |
| Williamson County FM/Rd | County | 0.0443% | $268 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $12,312 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $369,350 would pay approximately $2,305 per month (principal and interest only, excluding taxes and insurance).