505 HICKORY RUN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $265,257 and $786,320, with a best estimate of $665,220. That places the property below the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$665,220
$701,825
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $265,257 and $786,320. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$9,991 for 29 sqft less living space and +$3,223 for being newer. Net adjustment: -$6,768.
Adjusted -$387,592 for 1,125 sqft less living space. Net adjustment: -$387,592.
Adjusted -$176,398 for 512 sqft less living space. Net adjustment: -$176,398.
Adjusted +$64,082 for 186 sqft more living space. Net adjustment: +$64,082.
Adjusted -$49,267 for 143 sqft less living space and +$3,223 for being newer. Net adjustment: -$46,044.
The Neighborhood
This home is valued 1.1% below the L305606D - Red Oaks N. of Little Elm median of $709,809. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is -1.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,590 across all districts. With a homestead exemption claimed, that drops to $11,917 — saving $1,673 per year. That's $993 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% | $7,456 |
| Williamson County | County | 0.3694% | $2,534 |
| Cedar Park | City | 0.3600% | $2,470 |
| Austin Community College | special | 0.1034% | $709 |
| Williamson County FM/Rd | County | 0.0443% | $304 |
| Upper Brushy Creek WCID | Water | 0.0170% | $117 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,590 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $665,220 would pay approximately $4,152 per month (principal and interest only, excluding taxes and insurance).