6224 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $435,997 and $648,700, with a best estimate of $438,469. 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
$438,469
$491,355
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 $435,997 and $648,700. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,431 for 338 sqft more living space. Net adjustment: +$74,431.
Adjusted +$1,982 for 9 sqft more living space. Net adjustment: +$1,982.
Adjusted +$440 for 2 sqft more living space. Net adjustment: +$440.
Adjusted +$33,032 for 150 sqft more living space and -$12,321 for being older. Net adjustment: +$20,711.
Adjusted +$30,830 for 140 sqft more living space. Net adjustment: +$30,830.
The Neighborhood
This home is valued 2.8% 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 -2.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,014 across all districts. With a homestead exemption claimed, that drops to $8,453 — saving $1,561 per year. That's $704 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% | $5,162 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,371 |
| Williamson County | County | 0.3694% | $1,815 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $448 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,014 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $438,469 would pay approximately $2,737 per month (principal and interest only, excluding taxes and insurance).