604 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $275,385 and $331,577, with a best estimate of $319,573. That places the property above the G125483H - Reata East & Reata Trails median of $317,290, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$319,573
$329,346
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G125483H - Reata East & Reata Trails. The estimated range of $275,385 and $331,577 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$28,282 for 132 sqft more living space. Net adjustment: +$28,282.
Adjusted -$35,139 for 164 sqft less living space and -$3,052 for being older. Net adjustment: -$38,191.
Adjusted +$22,069 for 103 sqft more living space. Net adjustment: +$22,069.
Adjusted -$15,855 for 74 sqft less living space and -$3,052 for being older. Net adjustment: -$18,907.
Adjusted -$35,139 for 164 sqft less living space and -$3,052 for being older. Net adjustment: -$38,191.
The Neighborhood
This home is valued 3.8% 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 +3.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,985 across all districts. With a homestead exemption claimed, that drops to $4,396 — saving $1,589 per year. That's $366 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% | $3,460 |
| Williamson County | County | 0.3694% | $1,217 |
| Georgetown | City | 0.3530% | $1,163 |
| Williamson County FM/Rd | County | 0.0443% | $146 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,985 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $319,573 would pay approximately $1,995 per month (principal and interest only, excluding taxes and insurance).