5017 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $309,532 and $632,852, with a best estimate of $418,898. 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
$418,898
$428,180
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 $309,532 and $632,852. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$17,176 for 78 sqft more living space. Net adjustment: +$17,176.
Adjusted -$63,861 for 290 sqft less living space and -$12,321 for being older. Net adjustment: -$76,182.
Adjusted +$46,024 for 209 sqft more living space. Net adjustment: +$46,024.
Adjusted -$3,523 for 16 sqft less living space. Net adjustment: -$3,523.
Adjusted +$112,968 for 513 sqft more living space. Net adjustment: +$112,968.
The Neighborhood
This home is valued 15.3% 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 -15.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,727 across all districts. With a homestead exemption claimed, that drops to $7,177 — saving $1,550 per year. That's $598 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% | $4,498 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,066 |
| Williamson County | County | 0.3694% | $1,582 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $391 |
| Williamson County FM/Rd | County | 0.0443% | $190 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $8,727 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $418,898 would pay approximately $2,615 per month (principal and interest only, excluding taxes and insurance).