505 PASEO GRAND DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $297,288 and $678,008, with a best estimate of $444,523. That places the property below the L521405G - SILVERADO WEST PHS B median of $480,558, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$444,523
$405,253
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L521405G - SILVERADO WEST PHS B, this home's estimated market value is between $297,288 and $678,008. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$44,009 for 138 sqft more living space and -$38,509 for being older. Net adjustment: +$5,500.
Adjusted +$194,850 for 611 sqft more living space. Net adjustment: +$194,850.
Adjusted +$110,021 for 345 sqft more living space and -$38,509 for being older. Net adjustment: +$71,512.
Adjusted +$12,756 for 40 sqft more living space. Net adjustment: +$12,756.
Adjusted -$125,329 for 393 sqft less living space and -$25,673 for being older. Net adjustment: -$151,002.
The Neighborhood
This home is valued 15.7% below the L521405G - SILVERADO WEST PHS B median of $480,558. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L521405G - SILVERADO WEST PHS B
below averageThis home is -15.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,028 across all districts. With a homestead exemption claimed, that drops to $6,414 — saving $1,614 per year. That's $535 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% | $4,405 |
| Williamson County | County | 0.3694% | $1,497 |
| Cedar Park | City | 0.3600% | $1,459 |
| Austin Community College | special | 0.1034% | $419 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,028 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $444,523 would pay approximately $2,775 per month (principal and interest only, excluding taxes and insurance).