6225 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $283,370 and $523,325, with a best estimate of $431,113. 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
$431,113
$640,746
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 $283,370 and $523,325. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$224,395 for 1,019 sqft less living space. Net adjustment: -$224,395.
Adjusted -$98,875 for 449 sqft less living space. Net adjustment: -$98,875.
Adjusted -$270,860 for 1,230 sqft less living space. Net adjustment: -$270,860.
Adjusted -$142,697 for 648 sqft less living space. Net adjustment: -$142,697.
Adjusted -$11,231 for 51 sqft less living space and -$24,641 for being older. Net adjustment: -$35,872.
The Neighborhood
This home is valued 26.8% 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 +26.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,059 across all districts. With a homestead exemption claimed, that drops to $11,470 — saving $1,589 per year. That's $956 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% | $6,732 |
| Williamson County MUD #15 | MUD | 0.4825% | $3,092 |
| Williamson County | County | 0.3694% | $2,367 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $584 |
| Williamson County FM/Rd | County | 0.0443% | $284 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $13,059 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $431,113 would pay approximately $2,691 per month (principal and interest only, excluding taxes and insurance).