6212 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $374,939 and $548,002, with a best estimate of $407,639. 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
$407,639
$421,090
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 $374,939 and $548,002. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$28,848 for 131 sqft less living space. Net adjustment: -$28,848.
Adjusted -$84,781 for 385 sqft less living space. Net adjustment: -$84,781.
Adjusted -$49,768 for 226 sqft less living space and -$12,321 for being older. Net adjustment: -$62,089.
Adjusted +$94,030 for 427 sqft more living space and -$12,321 for being older. Net adjustment: +$81,709.
Adjusted -$56,594 for 257 sqft less living space and -$12,321 for being older. Net adjustment: -$68,915.
The Neighborhood
This home is valued 16.7% 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
below averageThis home is -16.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,582 across all districts. With a homestead exemption claimed, that drops to $7,034 — saving $1,548 per year. That's $586 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% | $4,424 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,032 |
| Williamson County | County | 0.3694% | $1,556 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $384 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $8,582 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $407,639 would pay approximately $2,544 per month (principal and interest only, excluding taxes and insurance).