2508 PETERSON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $443,523 and $878,088, with a best estimate of $829,845. That places the property above the L521405G - SILVERADO WEST PHS B median of $480,558, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$829,845
$466,514
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 $443,523 and $878,088. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$121,821 for 382 sqft more living space and -$12,836 for being older. Net adjustment: +$108,985.
Adjusted -$12,118 for 38 sqft less living space and -$12,836 for being older. Net adjustment: -$24,954.
Adjusted -$148,290 for 465 sqft less living space. Net adjustment: -$148,290.
Adjusted +$119,907 for 376 sqft more living space and -$12,836 for being older. Net adjustment: +$107,071.
Adjusted +$108,108 for 339 sqft more living space and -$12,836 for being older. Net adjustment: +$95,272.
The Neighborhood
This home is valued 2.9% 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
typicalThis home is -2.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,242 across all districts. With a homestead exemption claimed, that drops to $7,616 — saving $1,626 per year. That's $635 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% | $5,071 |
| Williamson County | County | 0.3694% | $1,724 |
| Cedar Park | City | 0.3600% | $1,679 |
| Austin Community College | special | 0.1034% | $482 |
| Williamson County FM/Rd | County | 0.0443% | $207 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,242 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $829,845 would pay approximately $5,180 per month (principal and interest only, excluding taxes and insurance).