281 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $443,573 and $540,011, with a best estimate of $445,487. 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
$445,487
$565,896
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 $443,573 and $540,011. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$72,819 for 270 sqft less living space. Net adjustment: -$72,819.
Adjusted -$77,404 for 287 sqft less living space. Net adjustment: -$77,404.
Adjusted -$117,050 for 434 sqft less living space. Net adjustment: -$117,050.
Adjusted +$5,394 for 20 sqft more living space. Net adjustment: +$5,394.
Adjusted -$103,296 for 383 sqft less living space and -$12,742 for being older. Net adjustment: -$116,038.
The Neighborhood
This home is in line with the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is -0.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,875 across all districts. With a homestead exemption claimed, that drops to $10,249 — saving $1,626 per year. That's $854 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% | $6,151 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,136 |
| Williamson County | County | 0.3694% | $2,091 |
| Austin Community College | special | 0.1034% | $585 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $565 |
| Williamson County FM/Rd | County | 0.0443% | $251 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $11,875 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $445,487 would pay approximately $2,781 per month (principal and interest only, excluding taxes and insurance).