218 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $443,053 and $678,780, with a best estimate of $493,577. 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
$493,577
$463,188
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 $443,053 and $678,780. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$116,511 for 432 sqft less living space and +$3,186 for being newer. Net adjustment: -$113,325.
Adjusted +$40,725 for 151 sqft more living space. Net adjustment: +$40,725.
Adjusted +$157,775 for 585 sqft more living space and +$3,186 for being newer. Net adjustment: +$160,961.
Adjusted +$5,394 for 20 sqft more living space. Net adjustment: +$5,394.
Adjusted +$102,756 for 381 sqft more living space. Net adjustment: +$102,756.
The Neighborhood
This home is valued 18.4% 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
below averageThis home is -18.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,720 across all districts. With a homestead exemption claimed, that drops to $8,113 — saving $1,607 per year. That's $676 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% | $5,034 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,749 |
| Williamson County | County | 0.3694% | $1,711 |
| Austin Community College | special | 0.1034% | $479 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $463 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $9,720 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $493,577 would pay approximately $3,081 per month (principal and interest only, excluding taxes and insurance).