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Market Overview for Woodlake
There are 2 active listings in Woodlake with a median list price of $368K and a median sold price of $394K.
Homes average 50 days on market.
Over the past 30 days, 1 homes have sold, with 12 sales in the past 12 months.
The average price per square foot is $137.
About Woodlake
Terraces of Woodlake is a residential subdivision located in Georgetown, Texas, within the 78633 zip code in Williamson County. The neighborhood is situated in the western portion of Georgetown, near the intersection of Shell Road and FM 2338 (Sam Houston Avenue), approximately 30 miles north of downtown Austin. Homes in the community are arranged along streets including Woodlake Drive, Woodstock Drive, and Wind Hollow Drive. The subdivision was developed in the early 2000s and sits within a few miles of Lake Georgetown, a U.S. Army Corps of Engineers reservoir on the North Fork of the San Gabriel River.
Homes in Terraces of Woodlake typically range from $310,000 to $480,000 depending on square footage and condition. Properties range from approximately 1,300 to 3,700 square feet with two- to four-bedroom floor plans. Construction features include stone and stucco exterior siding, composition roofing, and open floor plans with attached two-car garages. The subdivision includes a community swimming pool and a community center. The HOA fee is approximately $300 annually and covers common-area maintenance and access to neighborhood amenities. Property taxes fall under Williamson County and Georgetown ISD jurisdictions.
Terraces of Woodlake is served by Georgetown Independent School District. Students in the area typically attend Jo Ann Ford Elementary School, Douglas Benold Middle School, and Georgetown High School. Jo Ann Ford Elementary serves grades K through 5 and enrolls approximately 504 students, earning TEA recognition as an exemplary-rated campus. Douglas Benold Middle School serves grades 6 through 8. Georgetown High School is a 5A campus offering Advanced Placement courses, career and technical education programs, and extracurricular activities including athletics and fine arts. Georgetown ISD operates 22 campuses serving 13,988 students (2025-26).
Commuters from Terraces of Woodlake reach downtown Georgetown's historic square in approximately 10 minutes via FM 2338 or Williams Drive. I-35 is accessible about 5 miles east, providing a 35- to 45-minute commute to downtown Austin depending on traffic. The Williams Drive commercial corridor includes H-E-B Plus, Walmart, medical offices, and restaurants within a 5-minute drive. Lake Georgetown is roughly 3 miles west, with multiple access points including Cedar Breaks Park and Jim Hogg Park operated by the U.S. Army Corps of Engineers.
Living in Woodlake
Terraces of Woodlake features single-family homes with stone and stucco exteriors on lots that generally range from a quarter acre to half an acre. The subdivision has sidewalks along main streets and a mix of mature and recently planted trees. The community pool and center serve as the primary shared amenity. Streets within the subdivision follow a curvilinear layout with cul-de-sacs. The HOA manages common-area landscaping and pool maintenance. Property tax rates fall under Williamson County and Georgetown ISD, with combined rates generally lower than those in Travis County jurisdictions.
Daily life in Terraces of Woodlake benefits from proximity to the Williams Drive commercial corridor, where H-E-B Plus, Walmart, and various restaurants are within a 5-minute drive. Georgetown's historic town square, approximately 10 minutes east, features locally owned shops, restaurants, and hosts events including Market Days on the second Saturday of each month. Lake Georgetown, roughly 3 miles west, offers hiking along the 26-mile Goodwater Loop Trail, fishing, and swimming at Corps-operated parks. Cedar Breaks Park on the lake provides boat ramps, picnic pavilions, and campgrounds. San Gabriel Park, a 178-acre park along the San Gabriel River in Georgetown, includes playgrounds, sports fields, and a splash pad.
Things to Do in Woodlake
- Lake Georgetown: U.S. Army Corps of Engineers reservoir roughly 3 miles west with fishing, swimming, camping, and the 26-mile Goodwater Loop Trail.
- Georgetown Town Square: Historic courthouse square featuring locally owned shops, restaurants, and monthly Market Days held the second Saturday of each month.
- San Gabriel Park: 178-acre city park along the San Gabriel River with playgrounds, sports fields, a splash pad, and the Bark Park off-leash dog area.
- Cedar Breaks Park: Corps-operated park on Lake Georgetown with boat ramps, picnic pavilions, campgrounds, and lake access for swimming and fishing.
- Inner Space Cavern: Commercial show cave located off I-35 in Georgetown discovered in 1963. Guided tours explore limestone formations approximately 40 feet underground.
Major Employers in Woodlake
- Georgetown ISD (Education): Public school district operating 22 campuses in Williamson County and employing approximately 1,950 staff (2024-25).
- St. David's Georgetown Hospital (Healthcare): 118-bed acute care hospital on Scenic Drive providing emergency, surgical, and inpatient services.
- Southwestern University (Higher Education): Private liberal arts university founded in 1840 employing approximately 500 faculty and staff on its Georgetown campus.
- City of Georgetown (Government): Municipal government employing over 1,000 staff across public safety, utilities, parks, and administrative departments.
Woodlake Schools
Terraces of Woodlake is served by Georgetown ISD. Students typically attend Jo Ann Ford Elementary for elementary school, Douglas Benold Middle School for middle school, and Georgetown High School or East View High School for high school.
School District: Georgetown ISD
Public Schools
Pre-Schools
- Primrose School of Georgetown - Accredited early education center in Georgetown serving infants through pre-K with Balanced Learning curriculum.
- Creative World School Georgetown - Preschool and childcare center near Teravista offering programs for ages 6 weeks through 12 years with STEAM curriculum.
- Bright Beginnings Preschool - Faith-based preschool serving Georgetown since 1995 with part-time and full-time programs.
Private Schools
- St. Helen Catholic School - Catholic school in Georgetown serving pre-K through 8 with a faith-based curriculum and small class sizes.
- Georgetown Classical Academy - Classical education model school in the Georgetown area serving elementary and middle school students.
Higher Education
- Southwestern University - Private liberal arts university in Georgetown founded in 1840 with approximately 1,500 students and 40-plus majors.
Frequently Asked Questions
Where is Terraces of Woodlake in Georgetown TX?
Terraces of Woodlake is a residential subdivision in western Georgetown, Texas, within the 78633 zip code in Williamson County. It is located near the intersection of Shell Road and FM 2338, roughly 3 miles from Lake Georgetown and 30 miles north of downtown Austin.
What school district is Terraces of Woodlake in?
Terraces of Woodlake is served by Georgetown ISD. Students typically attend Jo Ann Ford Elementary, Douglas Benold Middle School, and Georgetown High School. Georgetown ISD operates 22 campuses serving 13,988 students (2025-26).
What do homes cost in Terraces of Woodlake Georgetown?
Homes in Terraces of Woodlake typically range from $310,000 to $480,000 depending on square footage and condition. Properties range from about 1,300 to 3,700 square feet with two- to four-bedroom floor plans.
Does Terraces of Woodlake have an HOA?
Yes, Terraces of Woodlake has a homeowners association with annual dues of approximately $300. The HOA covers common-area maintenance, landscaping, and access to the community pool and center.
How far is Terraces of Woodlake from Austin?
Terraces of Woodlake is approximately 30 miles north of downtown Austin. The commute takes 35 to 45 minutes via I-35 depending on traffic. Georgetown's historic town square is about 10 minutes east.
What is there to do near Terraces of Woodlake Georgetown?
Lake Georgetown is roughly 3 miles west with hiking, fishing, and camping. Georgetown's historic town square features shops and restaurants with monthly Market Days. San Gabriel Park, a 178-acre city park, offers playgrounds, sports fields, and a splash pad.