120 CANYON LAKE LN, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $477,851 and $739,925, with a best estimate of $530,753. 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
$530,753
$513,585
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 $477,851 and $739,925. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$24,003 for 89 sqft more living space and -$3,186 for being older. Net adjustment: +$20,817.
Adjusted +$161,012 for 597 sqft more living space. Net adjustment: +$161,012.
Adjusted +$86,305 for 320 sqft more living space and -$15,928 for being older. Net adjustment: +$70,377.
Adjusted +$53,940 for 200 sqft more living space. Net adjustment: +$53,940.
Adjusted -$98,711 for 366 sqft less living space. Net adjustment: -$98,711.
The Neighborhood
This home is valued 9.5% 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 -9.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,778 across all districts. With a homestead exemption claimed, that drops to $9,161 — saving $1,617 per year. That's $763 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% | $5,582 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,939 |
| Williamson County | County | 0.3694% | $1,897 |
| Austin Community College | special | 0.1034% | $531 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $513 |
| Williamson County FM/Rd | County | 0.0443% | $228 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $10,778 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $530,753 would pay approximately $3,313 per month (principal and interest only, excluding taxes and insurance).