305 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $450,551 and $612,659, with a best estimate of $537,972. 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
$537,972
$411,229
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 $450,551 and $612,659. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$65,537 for 243 sqft more living space and -$12,742 for being older. Net adjustment: +$52,795.
Adjusted +$96,014 for 356 sqft more living space. Net adjustment: +$96,014.
Adjusted -$27,779 for 103 sqft less living space and -$9,557 for being older. Net adjustment: -$37,336.
Adjusted +$2,697 for 10 sqft more living space and -$12,742 for being older. Net adjustment: -$10,045.
Adjusted -$110,308 for 409 sqft less living space and -$9,557 for being older. Net adjustment: -$119,865.
The Neighborhood
This home is valued 27.5% 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 -27.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,630 across all districts. With a homestead exemption claimed, that drops to $7,032 — saving $1,598 per year. That's $586 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% | $4,470 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $1,552 |
| Williamson County | County | 0.3694% | $1,519 |
| Austin Community College | special | 0.1034% | $425 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $411 |
| Williamson County FM/Rd | County | 0.0443% | $182 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $8,630 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $537,972 would pay approximately $3,358 per month (principal and interest only, excluding taxes and insurance).