1504 LURAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $205,373 and $358,455, with a best estimate of $301,229. That places the property below the L360479H - Shenandoah - All Sections median of $352,063, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$301,229
$302,874
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $205,373 and $358,455. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$23,781 for 96 sqft less living space and -$14,655 for being older. Net adjustment: -$38,436.
Adjusted -$163,244 for 659 sqft less living space and -$19,540 for being older. Net adjustment: -$182,784.
Adjusted -$4,954 for 20 sqft less living space and -$24,425 for being older. Net adjustment: -$29,379.
Adjusted -$23,781 for 96 sqft less living space and -$19,540 for being older. Net adjustment: -$43,321.
Adjusted +$28,487 for 115 sqft more living space and -$48,850 for being older. Net adjustment: -$20,363.
The Neighborhood
This home is valued 14.0% below the L360479H - Shenandoah - All Sections median of $352,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
typicalThis home is -14.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,185 across all districts. With a homestead exemption claimed, that drops to $3,608 — saving $1,577 per year. That's $301 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% | $3,292 |
| Williamson County | County | 0.3694% | $1,119 |
| Austin Community College | special | 0.1034% | $313 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $275 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $5,185 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $301,229 would pay approximately $1,880 per month (principal and interest only, excluding taxes and insurance).