221 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $315,981 and $521,572, with a best estimate of $361,161. 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
$361,161
$493,446
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 $315,981 and $521,572. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,282 for 27 sqft less living space. Net adjustment: -$7,282.
Adjusted -$76,326 for 283 sqft less living space. Net adjustment: -$76,326.
Adjusted -$35,870 for 133 sqft less living space and +$9,557 for being newer. Net adjustment: -$26,313.
Adjusted -$118,938 for 441 sqft less living space and +$9,557 for being newer. Net adjustment: -$109,381.
Adjusted +$44,501 for 165 sqft more living space. Net adjustment: +$44,501.
The Neighborhood
This home is valued 13.0% 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 -13.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,355 across all districts. With a homestead exemption claimed, that drops to $8,742 — saving $1,613 per year. That's $729 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% | $5,363 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,863 |
| Williamson County | County | 0.3694% | $1,823 |
| Austin Community College | special | 0.1034% | $510 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $493 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $10,355 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,161 would pay approximately $2,254 per month (principal and interest only, excluding taxes and insurance).