6120 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $522,232 and $556,229, with a best estimate of $535,630. 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
$535,630
$507,298
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 $522,232 and $556,229. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$97,113 for 441 sqft more living space. Net adjustment: +$97,113.
Adjusted +$38,977 for 177 sqft more living space and -$12,321 for being older. Net adjustment: +$26,656.
Adjusted +$121,997 for 554 sqft more living space and -$12,321 for being older. Net adjustment: +$109,676.
Adjusted +$64,082 for 291 sqft more living space. Net adjustment: +$64,082.
Adjusted +$57,255 for 260 sqft more living space and -$12,321 for being older. Net adjustment: +$44,934.
The Neighborhood
This home is in line with the G571617B - Teravista Sec 40 median of $505,314. Note that values in this subdivision declined 8.5% over the past year.
G571617B - Teravista Sec 40
typicalThis home is +0.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,339 across all districts. With a homestead exemption claimed, that drops to $8,775 — saving $1,564 per year. That's $731 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% | $5,330 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,448 |
| Williamson County | County | 0.3694% | $1,874 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $463 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,339 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $535,630 would pay approximately $3,343 per month (principal and interest only, excluding taxes and insurance).