245 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $323,816 and $538,632, with a best estimate of $447,004. 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
$447,004
$568,481
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 $323,816 and $538,632. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$12,406 for 46 sqft more living space. Net adjustment: +$12,406.
Adjusted -$1,079 for 4 sqft less living space and +$3,186 for being newer. Net adjustment: +$2,107.
Adjusted -$74,168 for 275 sqft less living space. Net adjustment: -$74,168.
Adjusted -$118,938 for 441 sqft less living space. Net adjustment: -$118,938.
Adjusted -$196,343 for 728 sqft less living space and +$3,186 for being newer. Net adjustment: -$193,157.
The Neighborhood
This home is in line with the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434. Note that values in this subdivision declined 5.9% over the past year.
L498610C - PARKSIDE AT MAYFIELD RANCH
typicalThis home is +0.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,929 across all districts. With a homestead exemption claimed, that drops to $10,303 — saving $1,626 per year. That's $859 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% | $6,179 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,146 |
| Williamson County | County | 0.3694% | $2,100 |
| Austin Community College | special | 0.1034% | $588 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $568 |
| Williamson County FM/Rd | County | 0.0443% | $252 |
| Upper Brushy Creek WCID | Water | 0.0170% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $11,929 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $447,004 would pay approximately $2,790 per month (principal and interest only, excluding taxes and insurance).