404 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $202,032 and $259,634, with a best estimate of $240,372. That places the property below the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$240,372
$251,354
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G125483H - Reata East & Reata Trails, this home's estimated market value is between $202,032 and $259,634. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$124,699 for 582 sqft less living space. Net adjustment: -$124,699.
Adjusted -$35,567 for 166 sqft less living space. Net adjustment: -$35,567.
Adjusted -$57,208 for 267 sqft less living space and -$6,103 for being older. Net adjustment: -$63,311.
Adjusted -$134,555 for 628 sqft less living space. Net adjustment: -$134,555.
Adjusted -$7,713 for 36 sqft less living space and -$3,052 for being older. Net adjustment: -$10,765.
The Neighborhood
This home is valued 20.8% below the G125483H - Reata East & Reata Trails median of $317,290. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G125483H - Reata East & Reata Trails
below averageThis home is -20.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,568 across all districts. With a homestead exemption claimed, that drops to $3,006 — saving $1,562 per year. That's $251 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% | $2,641 |
| Williamson County | County | 0.3694% | $929 |
| Georgetown | City | 0.3530% | $887 |
| Williamson County FM/Rd | County | 0.0443% | $111 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,568 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $240,372 would pay approximately $1,500 per month (principal and interest only, excluding taxes and insurance).