6128 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $462,364 and $543,105, with a best estimate of $491,233. 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
$491,233
$489,334
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 $462,364 and $543,105. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$57,255 for 260 sqft less living space and +$12,321 for being newer. Net adjustment: -$44,934.
Adjusted +$51,750 for 235 sqft more living space. Net adjustment: +$51,750.
Adjusted -$55,934 for 254 sqft less living space and +$24,641 for being newer. Net adjustment: -$31,293.
Adjusted -$9,689 for 44 sqft less living space and +$24,641 for being newer. Net adjustment: +$14,952.
Adjusted -$18,278 for 83 sqft less living space. Net adjustment: -$18,278.
The Neighborhood
This home is valued 3.2% 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 -3.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,973 across all districts. With a homestead exemption claimed, that drops to $8,412 — saving $1,561 per year. That's $701 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% | $5,141 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,361 |
| Williamson County | County | 0.3694% | $1,808 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $446 |
| Williamson County FM/Rd | County | 0.0443% | $217 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,973 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $491,233 would pay approximately $3,066 per month (principal and interest only, excluding taxes and insurance).