116 CANYON LAKE LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $492,768 and $760,626, with a best estimate of $520,281. 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
$520,281
$502,663
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 $492,768 and $760,626. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$29,937 for 111 sqft more living space and +$3,186 for being newer. Net adjustment: +$33,123.
Adjusted -$24,003 for 89 sqft less living space and +$3,186 for being newer. Net adjustment: -$20,817.
Adjusted +$62,301 for 231 sqft more living space and -$12,742 for being older. Net adjustment: +$49,559.
Adjusted +$173,148 for 642 sqft more living space and +$3,186 for being newer. Net adjustment: +$176,334.
Adjusted +$137,008 for 508 sqft more living space and +$3,186 for being newer. Net adjustment: +$140,194.
The Neighborhood
This home is valued 11.4% 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 -11.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,548 across all districts. With a homestead exemption claimed, that drops to $8,934 — saving $1,614 per year. That's $745 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% | $5,463 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,898 |
| Williamson County | County | 0.3694% | $1,857 |
| Austin Community College | special | 0.1034% | $520 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $502 |
| Williamson County FM/Rd | County | 0.0443% | $223 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $10,548 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $520,281 would pay approximately $3,248 per month (principal and interest only, excluding taxes and insurance).