229 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $359,686 and $574,164, with a best estimate of $482,874. 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
$482,874
$381,608
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 $359,686 and $574,164. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$83,068 for 308 sqft less living space. Net adjustment: -$83,068.
Adjusted +$28,588 for 106 sqft more living space and -$9,557 for being older. Net adjustment: +$19,031.
Adjusted -$38,298 for 142 sqft less living space. Net adjustment: -$38,298.
Adjusted +$35,870 for 133 sqft more living space and -$9,557 for being older. Net adjustment: +$26,313.
Adjusted +$48,277 for 179 sqft more living space. Net adjustment: +$48,277.
The Neighborhood
This home is valued 32.7% 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 -32.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,008 across all districts. With a homestead exemption claimed, that drops to $6,416 — saving $1,592 per year. That's $535 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% | $4,148 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,441 |
| Williamson County | County | 0.3694% | $1,410 |
| Austin Community College | special | 0.1034% | $395 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $381 |
| Williamson County FM/Rd | County | 0.0443% | $169 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $8,008 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $482,874 would pay approximately $3,014 per month (principal and interest only, excluding taxes and insurance).