512 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $401,400 and $622,328, with a best estimate of $586,660. That places the property above the L498610C - PARKSIDE AT MAYFIELD RANCH median of $567,434, in a neighborhood that declined 5.9% over the past year.
Estimated Value Range
$586,660
$457,965
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 $401,400 and $622,328. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,340 for 68 sqft less living space and +$3,186 for being newer. Net adjustment: -$15,154.
Adjusted +$49,086 for 182 sqft more living space and -$3,186 for being older. Net adjustment: +$45,900.
Adjusted +$93,047 for 345 sqft more living space and -$3,186 for being older. Net adjustment: +$89,861.
Adjusted +$46,119 for 171 sqft more living space and -$3,186 for being older. Net adjustment: +$42,933.
Adjusted +$82,798 for 307 sqft more living space and -$3,186 for being older. Net adjustment: +$79,612.
The Neighborhood
This home is valued 19.3% 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 -19.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,610 across all districts. With a homestead exemption claimed, that drops to $8,004 — saving $1,606 per year. That's $667 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% | $4,978 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,729 |
| Williamson County | County | 0.3694% | $1,692 |
| Austin Community College | special | 0.1034% | $474 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $458 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $9,610 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $586,660 would pay approximately $3,662 per month (principal and interest only, excluding taxes and insurance).