6325 LAKE TERAVISTA WAY, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $336,312 and $522,071, with a best estimate of $494,337. 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
$494,337
$506,073
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 $336,312 and $522,071. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$23,342 for 106 sqft less living space and -$24,641 for being older. Net adjustment: -$47,983.
Adjusted +$30,830 for 140 sqft more living space and -$12,321 for being older. Net adjustment: +$18,509.
Adjusted -$40,078 for 182 sqft less living space and -$12,321 for being older. Net adjustment: -$52,399.
Adjusted -$58,796 for 267 sqft less living space and -$12,321 for being older. Net adjustment: -$71,117.
Adjusted -$162,296 for 737 sqft less living space. Net adjustment: -$162,296.
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 +0.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,314 across all districts. With a homestead exemption claimed, that drops to $8,750 — saving $1,564 per year. That's $729 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% | $5,317 |
| Williamson County MUD #15 | MUD | 0.4825% | $2,442 |
| Williamson County | County | 0.3694% | $1,870 |
| Williamson County ESD #8 - Georgetown | ESD | 0.0912% | $462 |
| Williamson County FM/Rd | County | 0.0443% | $224 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0381% | $10,314 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $494,337 would pay approximately $3,086 per month (principal and interest only, excluding taxes and insurance).