1514 LURAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $280,978 and $374,977, with a best estimate of $305,578. 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
$305,578
$296,032
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 $280,978 and $374,977. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$40,130 for 162 sqft more living space and -$4,885 for being older. Net adjustment: +$35,245.
Adjusted +$2,477 for 10 sqft more living space and -$9,770 for being older. Net adjustment: -$7,293.
Adjusted -$25,762 for 104 sqft less living space and -$24,425 for being older. Net adjustment: -$50,187.
Adjusted +$31,707 for 128 sqft more living space. Net adjustment: +$31,707.
Adjusted -$11,890 for 48 sqft less living space. Net adjustment: -$11,890.
The Neighborhood
This home is valued 15.9% 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
below averageThis home is -15.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,068 across all districts. With a homestead exemption claimed, that drops to $3,492 — saving $1,576 per year. That's $291 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% | $3,218 |
| Williamson County | County | 0.3694% | $1,094 |
| Austin Community College | special | 0.1034% | $306 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $269 |
| Williamson County FM/Rd | County | 0.0443% | $131 |
| Upper Brushy Creek WCID | Water | 0.0170% | $50 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $5,068 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $305,578 would pay approximately $1,907 per month (principal and interest only, excluding taxes and insurance).