302 LAKEWAY DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $312,145 and $336,016, with a best estimate of $321,992. 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
$321,992
$306,122
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 $312,145 and $336,016. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$29,139 for 136 sqft more living space. Net adjustment: +$29,139.
Adjusted +$1,500 for 7 sqft more living space. Net adjustment: +$1,500.
Adjusted +$46,280 for 216 sqft more living space. Net adjustment: +$46,280.
Adjusted -$643 for 3 sqft less living space and -$6,103 for being older. Net adjustment: -$6,746.
Adjusted +$18,426 for 86 sqft more living space. Net adjustment: +$18,426.
The Neighborhood
This home is valued 3.5% below the G125483H - Reata East & Reata Trails median of $317,290. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
G125483H - Reata East & Reata Trails
typicalThis home is -3.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,563 across all districts. With a homestead exemption claimed, that drops to $3,982 — saving $1,581 per year. That's $332 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% | $3,216 |
| Williamson County | County | 0.3694% | $1,131 |
| Georgetown | City | 0.3530% | $1,081 |
| Williamson County FM/Rd | County | 0.0443% | $136 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,563 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $321,992 would pay approximately $2,010 per month (principal and interest only, excluding taxes and insurance).