204 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $210,615 and $275,712, with a best estimate of $259,842. 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
$259,842
$265,865
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 $210,615 and $275,712. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,855 for 88 sqft less living space. Net adjustment: -$18,855.
Adjusted -$17,141 for 80 sqft less living space. Net adjustment: -$17,141.
Adjusted -$46,280 for 216 sqft less living space. Net adjustment: -$46,280.
Adjusted -$100,274 for 468 sqft less living space and -$9,155 for being older. Net adjustment: -$109,429.
Adjusted -$30,853 for 144 sqft less living space and -$3,052 for being older. Net adjustment: -$33,905.
The Neighborhood
This home is valued 16.2% 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 -16.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,832 across all districts. With a homestead exemption claimed, that drops to $3,265 — saving $1,567 per year. That's $272 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% | $2,793 |
| Williamson County | County | 0.3694% | $982 |
| Georgetown | City | 0.3530% | $939 |
| Williamson County FM/Rd | County | 0.0443% | $118 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $4,832 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $259,842 would pay approximately $1,622 per month (principal and interest only, excluding taxes and insurance).