400 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $355,337 and $622,735, with a best estimate of $516,881. 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
$516,881
$412,014
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 $355,337 and $622,735. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$54,480 for 202 sqft more living space and -$3,186 for being older. Net adjustment: +$51,294.
Adjusted +$24,273 for 90 sqft more living space and -$6,371 for being older. Net adjustment: +$17,902.
Adjusted +$17,531 for 65 sqft more living space and -$9,557 for being older. Net adjustment: +$7,974.
Adjusted -$95,205 for 353 sqft less living space and -$3,186 for being older. Net adjustment: -$98,391.
Adjusted -$75,786 for 281 sqft less living space and +$9,557 for being newer. Net adjustment: -$66,229.
The Neighborhood
This home is valued 27.4% 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 -27.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,646 across all districts. With a homestead exemption claimed, that drops to $7,048 — saving $1,598 per year. That's $587 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% | $4,478 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,555 |
| Williamson County | County | 0.3694% | $1,522 |
| Austin Community College | special | 0.1034% | $426 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $412 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $8,646 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $516,881 would pay approximately $3,226 per month (principal and interest only, excluding taxes and insurance).