6341 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $467,779 and $732,152, with a best estimate of $701,568. That places the property above the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$701,568
$522,308
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 $467,779 and $732,152. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$240,911 for 1,094 sqft more living space and -$12,321 for being older. Net adjustment: +$228,590.
Adjusted -$18,278 for 83 sqft less living space and -$12,321 for being older. Net adjustment: -$30,599.
Adjusted +$210,082 for 954 sqft more living space. Net adjustment: +$210,082.
Adjusted +$46,905 for 213 sqft more living space and -$12,321 for being older. Net adjustment: +$34,584.
Adjusted +$24,664 for 112 sqft more living space and -$12,321 for being older. Net adjustment: +$12,343.
The Neighborhood
This home is valued 3.4% above the G571617B - Teravista Sec 40 median of $505,314. With 540 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
typicalThis home is +3.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,645 across all districts. With a homestead exemption claimed, that drops to $9,078 — saving $1,567 per year. That's $757 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% | $5,487 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,520 |
| Williamson County | County | 0.3694% | $1,930 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $476 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,645 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $701,568 would pay approximately $4,379 per month (principal and interest only, excluding taxes and insurance).