224 BLUE WATERLEAF LN, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $445,796 and $601,951, with a best estimate of $469,491. That places the property below the G571617B - Teravista Sec 40 median of $505,314, in a neighborhood that declined 8.5% over the past year.
Estimated Value Range
$469,491
$499,692
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 $445,796 and $601,951. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$48,667 for 221 sqft more living space. Net adjustment: +$48,667.
Adjusted +$2,422 for 11 sqft more living space and +$12,321 for being newer. Net adjustment: +$14,743.
Adjusted +$10,790 for 49 sqft more living space and +$12,321 for being newer. Net adjustment: +$23,111.
Adjusted -$12,992 for 59 sqft less living space and +$12,321 for being newer. Net adjustment: -$671.
Adjusted -$66,284 for 301 sqft less living space. Net adjustment: -$66,284.
The Neighborhood
This home is valued 1.1% below the G571617B - Teravista Sec 40 median of $505,314. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
typicalThis home is -1.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,184 across all districts. With a homestead exemption claimed, that drops to $8,621 — saving $1,563 per year. That's $718 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% | $5,250 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,411 |
| Williamson County | County | 0.3694% | $1,846 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $456 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,184 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $469,491 would pay approximately $2,931 per month (principal and interest only, excluding taxes and insurance).