6029 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $438,284 and $518,653, with a best estimate of $451,708. 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
$451,708
$465,684
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 $438,284 and $518,653. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$11,231 for 51 sqft less living space and -$12,321 for being older. Net adjustment: -$23,552.
Adjusted -$31,490 for 143 sqft less living space and -$12,321 for being older. Net adjustment: -$43,811.
Adjusted -$62,980 for 286 sqft less living space and -$24,641 for being older. Net adjustment: -$87,621.
Adjusted +$29,729 for 135 sqft more living space and -$12,321 for being older. Net adjustment: +$17,408.
Adjusted -$37,876 for 172 sqft less living space and -$12,321 for being older. Net adjustment: -$50,197.
The Neighborhood
This home is valued 7.8% 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 -7.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,491 across all districts. With a homestead exemption claimed, that drops to $7,934 — saving $1,557 per year. That's $661 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% | $4,892 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,247 |
| Williamson County | County | 0.3694% | $1,720 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $425 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,491 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $451,708 would pay approximately $2,820 per month (principal and interest only, excluding taxes and insurance).