6021 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $433,010 and $594,977, with a best estimate of $448,276. 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
$448,276
$460,346
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 $433,010 and $594,977. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$67,605 for 307 sqft less living space. Net adjustment: -$67,605.
Adjusted -$59,677 for 271 sqft less living space. Net adjustment: -$59,677.
Adjusted +$3,083 for 14 sqft more living space. Net adjustment: +$3,083.
Adjusted -$40,959 for 186 sqft less living space. Net adjustment: -$40,959.
Adjusted -$29,729 for 135 sqft less living space and +$12,321 for being newer. Net adjustment: -$17,408.
The Neighborhood
This home is valued 8.9% 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 -8.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,382 across all districts. With a homestead exemption claimed, that drops to $7,826 — saving $1,556 per year. That's $652 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% | $4,836 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,221 |
| Williamson County | County | 0.3694% | $1,701 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $420 |
| Williamson County FM/Rd | County | 0.0443% | $204 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $9,382 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $448,276 would pay approximately $2,798 per month (principal and interest only, excluding taxes and insurance).