2306 NICASIO PL, CEDAR PARK, TX 78641
CEDAR PARK, 78641 — williamson County
Property at a Glance
This home is estimated between $539,682 and $883,337, with a best estimate of $633,173. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$633,173
$865,550
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 $539,682 and $883,337. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$131,781 for 517 sqft less living space and +$27,689 for being newer. Net adjustment: -$104,092.
Adjusted +$19,372 for 76 sqft more living space and +$41,533 for being newer. Net adjustment: +$60,905.
Adjusted -$92,017 for 361 sqft less living space. Net adjustment: -$92,017.
Adjusted +$38,744 for 152 sqft more living space and +$41,533 for being newer. Net adjustment: +$80,277.
Adjusted +$26,764 for 105 sqft more living space. Net adjustment: +$26,764.
The Neighborhood
This home is valued 30.0% above the L421509C - CABALLO RANCH median of $665,568. With 418 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
above averageThis home is +30.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,147 across all districts. With a homestead exemption claimed, that drops to $15,434 — saving $1,713 per year. That's $1,286 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% | $9,408 |
| Williamson County | County | 0.3694% | $3,198 |
| Cedar Park | City | 0.3600% | $3,116 |
| Austin Community College | special | 0.1034% | $895 |
| Williamson County FM/Rd | County | 0.0443% | $384 |
| Upper Brushy Creek WCID | Water | 0.0170% | $147 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $17,147 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $633,173 would pay approximately $3,952 per month (principal and interest only, excluding taxes and insurance).