517 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $467,473 and $611,556, with a best estimate of $491,678. 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
$491,678
$435,710
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 $467,473 and $611,556. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$22,385 for 83 sqft less living space. Net adjustment: -$22,385.
Adjusted +$54,480 for 202 sqft more living space. Net adjustment: +$54,480.
Adjusted +$59,065 for 219 sqft more living space. Net adjustment: +$59,065.
Adjusted +$33,713 for 125 sqft more living space. Net adjustment: +$33,713.
Adjusted +$38,567 for 143 sqft more living space. Net adjustment: +$38,567.
The Neighborhood
This home is valued 23.2% 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 -23.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,143 across all districts. With a homestead exemption claimed, that drops to $7,541 — saving $1,602 per year. That's $628 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% | $4,736 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,645 |
| Williamson County | County | 0.3694% | $1,610 |
| Austin Community College | special | 0.1034% | $451 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $435 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $9,143 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $491,678 would pay approximately $3,069 per month (principal and interest only, excluding taxes and insurance).