5705 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $332,892 and $694,975, with a best estimate of $364,417. That places the property below the G571513C - TERAVISTA 322B & 323 median of $382,317, in a neighborhood that declined 10.9% over the past year.
Estimated Value Range
$364,417
$389,497
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $332,892 and $694,975. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$6,607 for 31 sqft less living space. Net adjustment: -$6,607.
Adjusted -$30,477 for 143 sqft less living space. Net adjustment: -$30,477.
Adjusted +$60,527 for 284 sqft more living space. Net adjustment: +$60,527.
Adjusted +$17,476 for 82 sqft more living space. Net adjustment: +$17,476.
Adjusted -$7,459 for 35 sqft less living space. Net adjustment: -$7,459.
The Neighborhood
This home is valued 1.9% above the G571513C - TERAVISTA 322B & 323 median of $382,317. With 325 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 10.9% over the past year.
G571513C - TERAVISTA 322B & 323
typicalThis home is +1.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,938 across all districts. With a homestead exemption claimed, that drops to $6,395 — saving $1,543 per year. That's $533 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% | $4,092 |
| Williamson County MUD #15 | MUD | 0.4825% | $1,879 |
| Williamson County | County | 0.3694% | $1,439 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $355 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $7,938 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $364,417 would pay approximately $2,275 per month (principal and interest only, excluding taxes and insurance).