509 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $204,665 and $349,756, with a best estimate of $287,994. 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
$287,994
$218,914
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L501D74H - Cedar Park Ranchettes #4, this home's estimated market value is between $204,665 and $349,756. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$66,401 for 341 sqft more living space. Net adjustment: +$66,401.
Adjusted -$57,639 for 296 sqft less living space and +$50,085 for being newer. Net adjustment: -$7,554.
Adjusted -$29,988 for 154 sqft less living space. Net adjustment: -$29,988.
Adjusted +$38,556 for 198 sqft more living space. Net adjustment: +$38,556.
Adjusted +$14,604 for 75 sqft more living space and +$25,043 for being newer. Net adjustment: +$39,647.
The Neighborhood
This home is valued 28.7% 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 averageThis home is -28.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,337 across all districts. With a homestead exemption claimed, that drops to $2,757 — saving $1,580 per year. That's $230 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% | $2,379 |
| Williamson County | County | 0.3694% | $809 |
| Cedar Park | City | 0.3600% | $788 |
| Austin Community College | special | 0.1034% | $226 |
| Williamson County FM/Rd | County | 0.0443% | $97 |
| Upper Brushy Creek WCID | Water | 0.0170% | $37 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,337 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $287,994 would pay approximately $1,798 per month (principal and interest only, excluding taxes and insurance).