501 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $430,117 and $498,801, with a best estimate of $431,075. 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
$431,075
$539,893
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 $430,117 and $498,801. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$111,656 for 414 sqft less living space. Net adjustment: -$111,656.
Adjusted -$129,187 for 479 sqft less living space and +$3,186 for being newer. Net adjustment: -$126,001.
Adjusted -$56,907 for 211 sqft less living space. Net adjustment: -$56,907.
Adjusted -$114,084 for 423 sqft less living space and +$3,186 for being newer. Net adjustment: -$110,898.
Adjusted -$77,404 for 287 sqft less living space and +$3,186 for being newer. Net adjustment: -$74,218.
The Neighborhood
This home is valued 4.9% 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 -4.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,330 across all districts. With a homestead exemption claimed, that drops to $9,708 — saving $1,622 per year. That's $809 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% | $5,868 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,038 |
| Williamson County | County | 0.3694% | $1,995 |
| Austin Community College | special | 0.1034% | $558 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $539 |
| Williamson County FM/Rd | County | 0.0443% | $239 |
| Upper Brushy Creek WCID | Water | 0.0170% | $92 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $11,330 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $431,075 would pay approximately $2,691 per month (principal and interest only, excluding taxes and insurance).