6113 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $464,466 and $499,404, with a best estimate of $481,509. 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
$481,509
$467,843
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 $464,466 and $499,404. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$61,439 for 279 sqft less living space. Net adjustment: -$61,439.
Adjusted -$28,407 for 129 sqft less living space and +$12,321 for being newer. Net adjustment: -$16,086.
Adjusted -$29,949 for 136 sqft less living space and +$12,321 for being newer. Net adjustment: -$17,628.
Adjusted -$5,065 for 23 sqft less living space and +$12,321 for being newer. Net adjustment: +$7,256.
Adjusted +$27,967 for 127 sqft more living space and +$12,321 for being newer. Net adjustment: +$40,288.
The Neighborhood
This home is valued 7.4% 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 -7.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,535 across all districts. With a homestead exemption claimed, that drops to $7,978 — saving $1,557 per year. That's $665 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% | $4,915 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,257 |
| Williamson County | County | 0.3694% | $1,728 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $427 |
| Williamson County FM/Rd | County | 0.0443% | $207 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,535 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $481,509 would pay approximately $3,006 per month (principal and interest only, excluding taxes and insurance).