516 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $355,500 and $576,428, with a best estimate of $540,760. 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
$540,760
$535,227
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 $355,500 and $576,428. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$43,961 for 163 sqft more living space. Net adjustment: +$43,961.
Adjusted -$49,086 for 182 sqft less living space and +$3,186 for being newer. Net adjustment: -$45,900.
Adjusted -$67,425 for 250 sqft less living space and +$6,371 for being newer. Net adjustment: -$61,054.
Adjusted +$33,713 for 125 sqft more living space. Net adjustment: +$33,713.
Adjusted -$2,967 for 11 sqft less living space. Net adjustment: -$2,967.
The Neighborhood
This home is valued 5.7% 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
typicalThis home is -5.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,232 across all districts. With a homestead exemption claimed, that drops to $9,611 — saving $1,621 per year. That's $801 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% | $5,817 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,020 |
| Williamson County | County | 0.3694% | $1,977 |
| Austin Community College | special | 0.1034% | $553 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $535 |
| Williamson County FM/Rd | County | 0.0443% | $237 |
| Upper Brushy Creek WCID | Water | 0.0170% | $91 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $11,232 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $540,760 would pay approximately $3,375 per month (principal and interest only, excluding taxes and insurance).