509 CADDO LAKE DR, GEORGETOWN, TX 78628
GEORGETOWN, 78628 — williamson County
Property at a Glance
This home is estimated between $380,633 and $665,894, with a best estimate of $425,668. 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
$425,668
$557,076
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 $380,633 and $665,894. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$76,865 for 285 sqft less living space. Net adjustment: -$76,865.
Adjusted -$15,912 for 59 sqft less living space. Net adjustment: -$15,912.
Adjusted -$54,480 for 202 sqft less living space. Net adjustment: -$54,480.
Adjusted +$129,187 for 479 sqft more living space and -$3,186 for being older. Net adjustment: +$126,001.
Adjusted -$39,107 for 145 sqft less living space and +$3,186 for being newer. Net adjustment: -$35,921.
The Neighborhood
This home is valued 1.8% 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 -1.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,690 across all districts. With a homestead exemption claimed, that drops to $10,066 — saving $1,624 per year. That's $839 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% | $6,055 |
| Parkside at Mayfield Ranch MUD | MUD | 0.3775% | $2,103 |
| Williamson County | County | 0.3694% | $2,058 |
| Austin Community College | special | 0.1034% | $576 |
| Williamson County ESD #9 - Round Rock | ESD | 0.0999% | $557 |
| Williamson County FM/Rd | County | 0.0443% | $247 |
| Upper Brushy Creek WCID | Water | 0.0170% | $95 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0985% | $11,690 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $425,668 would pay approximately $2,657 per month (principal and interest only, excluding taxes and insurance).