6208 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $333,760 and $576,691, with a best estimate of $506,823. 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
$506,823
$560,274
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 $333,760 and $576,691. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$84,121 for 382 sqft less living space and -$12,321 for being older. Net adjustment: -$96,442.
Adjusted +$52,851 for 240 sqft more living space and -$12,321 for being older. Net adjustment: +$40,530.
Adjusted -$90,947 for 413 sqft less living space and -$12,321 for being older. Net adjustment: -$103,268.
Adjusted +$24,003 for 109 sqft more living space. Net adjustment: +$24,003.
Adjusted +$2,422 for 11 sqft more living space. Net adjustment: +$2,422.
The Neighborhood
This home is valued 10.9% 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 +10.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,419 across all districts. With a homestead exemption claimed, that drops to $9,844 — saving $1,575 per year. That's $820 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% | $5,886 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,703 |
| Williamson County | County | 0.3694% | $2,070 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $511 |
| Williamson County FM/Rd | County | 0.0443% | $248 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $11,419 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $506,823 would pay approximately $3,164 per month (principal and interest only, excluding taxes and insurance).