5131 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $278,149 and $362,718, with a best estimate of $330,360. That places the property below the G571513C - TERAVISTA 322B & 323 median of $382,317, in a neighborhood that declined 10.9% over the past year.
Estimated Value Range
$330,360
$339,120
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $278,149 and $362,718. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$38,149 for 179 sqft less living space. Net adjustment: -$38,149.
Adjusted -$36,657 for 172 sqft less living space. Net adjustment: -$36,657.
Adjusted -$53,067 for 249 sqft less living space and -$39,634 for no pool. Net adjustment: -$92,701.
Adjusted +$14,705 for 69 sqft more living space. Net adjustment: +$14,705.
Adjusted +$14,705 for 69 sqft more living space. Net adjustment: +$14,705.
The Neighborhood
This home is valued 11.3% below the G571513C - TERAVISTA 322B & 323 median of $382,317. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 10.9% over the past year.
G571513C - TERAVISTA 322B & 323
typicalThis home is -11.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,912 across all districts. With a homestead exemption claimed, that drops to $5,378 — saving $1,534 per year. That's $448 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% | $3,563 |
| Williamson County MUD #15 | MUD | 0.4825% | $1,636 |
| Williamson County | County | 0.3694% | $1,253 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $309 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $6,912 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $330,360 would pay approximately $2,062 per month (principal and interest only, excluding taxes and insurance).