5101 SCENIC LAKE DR, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $354,844 and $657,155, with a best estimate of $431,703. 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
$431,703
$422,421
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $354,844 and $657,155. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$49,988 for 227 sqft more living space and -$24,641 for being older. Net adjustment: +$25,347.
Adjusted +$10,570 for 48 sqft more living space and -$24,641 for being older. Net adjustment: -$14,071.
Adjusted +$3,523 for 16 sqft more living space. Net adjustment: +$3,523.
Adjusted +$20,700 for 94 sqft more living space. Net adjustment: +$20,700.
Adjusted +$53,071 for 241 sqft more living space. Net adjustment: +$53,071.
The Neighborhood
This home is valued 16.4% 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
below averageThis home is -16.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,609 across all districts. With a homestead exemption claimed, that drops to $7,060 — saving $1,549 per year. That's $588 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% | $4,438 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,038 |
| Williamson County | County | 0.3694% | $1,561 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $385 |
| Williamson County FM/Rd | County | 0.0443% | $187 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $8,609 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $431,703 would pay approximately $2,695 per month (principal and interest only, excluding taxes and insurance).