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503 PARK E, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

2 bed1 bath912 sqftBuilt 1968

Property at a Glance

This home is estimated between $-21,300 and $692,144, with a best estimate of $257,549. That places the property below the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.

Estimated Value Range

$-21,300 $692,144
Best Estimate
$257,549
WCAD Value
$244,869
Low Confidence

Based on 5 comparable properties(1 in the same subdivision)

There are 5 comparable properties within range, but few are in L501D74H - Cedar Park Ranchettes #4. The estimated range of $-21,300 and $692,144 should be treated as a rough guide.

Comparable Properties (5)

3 bed 1 bath 1,128 sqft Built 1966
Raw Value $724,188
Adjusted Value $692,144

Adjusted -$42,061 for 216 sqft less living space and +$10,017 for being newer. Net adjustment: -$32,044.

501 COLT LN, CEDAR PARK, TX 78613
0.04 mi 85% similar Same subdivision
3 bed 1 bath 1,860 sqft Built 1986
Raw Value $253,454
Adjusted Value $-21,300

Adjusted -$184,600 for 948 sqft less living space and -$90,154 for being older. Net adjustment: -$274,754.

4 bed 2 bath 994 sqft Built 1998
Raw Value $506,228
Adjusted Value $340,005

Adjusted -$15,967 for 82 sqft less living space and -$150,256 for being older. Net adjustment: -$166,223.

4 bed 2 bath 1,023 sqft Built 1997
Raw Value $424,411
Adjusted Value $257,549

Adjusted -$21,614 for 111 sqft less living space and -$145,248 for being older. Net adjustment: -$166,862.

3 bed 2 bath 1,356 sqft Built 1993
Raw Value $302,293
Adjusted Value $90,621

Adjusted -$86,458 for 444 sqft less living space and -$125,214 for being older. Net adjustment: -$211,672.

The Neighborhood

This home is valued 20.3% below the L501D74H - Cedar Park Ranchettes #4 median of $307,201. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.3% over the past year.

L501D74H - Cedar Park Ranchettes #4

below average
123 Properties
$307,201 Median Value
+4.3% YoY Change
4% Have Pool
35% Have Garage
This Home
$244,869
Median
$307,201

This home is -20.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $4,851 across all districts. With a homestead exemption claimed, that drops to $3,266 — saving $1,585 per year. That's $272 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$2,661
Williamson CountyCounty0.3694%$905
Cedar ParkCity0.3600%$882
Austin Community Collegespecial0.1034%$253
Williamson County FM/RdCounty0.0443%$109
Upper Brushy Creek WCIDWater0.0170%$42
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$4,851

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $257,549 would pay approximately $1,608 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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