508 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $401,243 and $629,693, with a best estimate of $596,281. That places the property above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$596,281
$416,554
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 $401,243 and $629,693. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$18,340 for 68 sqft more living space and -$3,186 for being older. Net adjustment: +$15,154.
Adjusted +$67,425 for 250 sqft more living space and -$6,371 for being older. Net adjustment: +$61,054.
Adjusted +$64,459 for 239 sqft more living space and -$6,371 for being older. Net adjustment: +$58,088.
Adjusted -$33,713 for 125 sqft less living space and -$6,371 for being older. Net adjustment: -$40,084.
Adjusted +$101,138 for 375 sqft more living space and -$6,371 for being older. Net adjustment: +$94,767.
The Neighborhood
This home is valued 26.6% 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
below averageThis home is -26.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,741 across all districts. With a homestead exemption claimed, that drops to $7,143 — saving $1,598 per year. That's $595 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% | $4,528 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,572 |
| Williamson County | County | 0.3694% | $1,539 |
| Austin Community College | special | 0.1034% | $431 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $416 |
| Williamson County FM/Rd | County | 0.0443% | $185 |
| Upper Brushy Creek WCID | Water | 0.0170% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $8,741 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $596,281 would pay approximately $3,722 per month (principal and interest only, excluding taxes and insurance).