304 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $270,106 and $320,493, with a best estimate of $304,622. That places the property below the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$304,622
$334,516
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in G125483H - Reata East & Reata Trails, this home's estimated market value is between $270,106 and $320,493. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$1,500 for 7 sqft less living space. Net adjustment: -$1,500.
Adjusted +$16,927 for 79 sqft more living space. Net adjustment: +$16,927.
Adjusted +$27,640 for 129 sqft more living space. Net adjustment: +$27,640.
Adjusted -$82,490 for 385 sqft less living space. Net adjustment: -$82,490.
Adjusted -$42,638 for 199 sqft less living space and -$6,103 for being older. Net adjustment: -$48,741.
The Neighborhood
This home is valued 5.4% above the G125483H - Reata East & Reata Trails median of $317,290. With 289 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
G125483H - Reata East & Reata Trails
typicalThis home is +5.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,079 across all districts. With a homestead exemption claimed, that drops to $4,488 — saving $1,591 per year. That's $374 per month a buyer should budget. The assessed value increased +4.5% vs the subdivision average of -4.3%. This above-average increase gives a protest opportunity score of 44 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $3,514 |
| Williamson County | County | 0.3694% | $1,236 |
| Georgetown | City | 0.3530% | $1,181 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $6,079 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $304,622 would pay approximately $1,901 per month (principal and interest only, excluding taxes and insurance).