261 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $281,286 and $640,218, with a best estimate of $505,713. That places the property below the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$505,713
$546,834
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L498610C - PARKSIDE AT MAYFIELD RANCH, this home's estimated market value is between $281,286 and $640,218. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$97,093 for 360 sqft less living space. Net adjustment: -$97,093.
Adjusted -$153,730 for 570 sqft less living space. Net adjustment: -$153,730.
Adjusted +$79,832 for 296 sqft more living space. Net adjustment: +$79,832.
Adjusted -$74,707 for 277 sqft less living space. Net adjustment: -$74,707.
Adjusted +$63,650 for 236 sqft more living space. Net adjustment: +$63,650.
The Neighborhood
This home is valued 3.6% below the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,475 across all districts. With a homestead exemption claimed, that drops to $9,853 — saving $1,622 per year. That's $821 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 |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,944 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,064 |
| Williamson County | County | 0.3694% | $2,020 |
| Austin Community College | special | 0.1034% | $565 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $546 |
| Williamson County FM/Rd | County | 0.0443% | $242 |
| Upper Brushy Creek WCID | Water | 0.0170% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $11,475 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $505,713 would pay approximately $3,157 per month (principal and interest only, excluding taxes and insurance).