502 HICKORY RUN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $498,358 and $934,926, with a best estimate of $768,830. That places the property above 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
$768,830
$578,488
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 $498,358 and $934,926. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$141,600 for 411 sqft less living space and -$12,891 for being older. Net adjustment: -$154,491.
Adjusted +$69,594 for 202 sqft more living space and -$12,891 for being older. Net adjustment: +$56,703.
Adjusted +$172,952 for 502 sqft more living space and -$12,891 for being older. Net adjustment: +$160,061.
Adjusted +$252,193 for 732 sqft more living space and -$12,891 for being older. Net adjustment: +$239,302.
Adjusted +$245,992 for 714 sqft more living space and -$12,891 for being older. Net adjustment: +$233,101.
The Neighborhood
This home is valued 18.5% 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
below averageThis home is -18.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,460 across all districts. With a homestead exemption claimed, that drops to $9,811 — saving $1,649 per year. That's $818 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% | $6,288 |
| Williamson County | County | 0.3694% | $2,137 |
| Cedar Park | City | 0.3600% | $2,083 |
| Austin Community College | special | 0.1034% | $598 |
| Williamson County FM/Rd | County | 0.0443% | $256 |
| Upper Brushy Creek WCID | Water | 0.0170% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,460 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $768,830 would pay approximately $4,799 per month (principal and interest only, excluding taxes and insurance).