4908 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $396,789 and $543,266, with a best estimate of $464,043. 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
$464,043
$442,868
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 $396,789 and $543,266. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$48,226 for 219 sqft more living space. Net adjustment: +$48,226.
Adjusted +$33,032 for 150 sqft more living space. Net adjustment: +$33,032.
Adjusted +$72,670 for 330 sqft more living space. Net adjustment: +$72,670.
Adjusted +$9,910 for 45 sqft more living space and -$36,962 for being older. Net adjustment: -$27,052.
Adjusted +$41,620 for 189 sqft more living space and -$24,641 for being older. Net adjustment: +$16,979.
The Neighborhood
This home is valued 12.4% 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 -12.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,026 across all districts. With a homestead exemption claimed, that drops to $7,473 — saving $1,553 per year. That's $623 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% | $4,653 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,137 |
| Williamson County | County | 0.3694% | $1,636 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $404 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,026 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $464,043 would pay approximately $2,897 per month (principal and interest only, excluding taxes and insurance).