1508 GRETCHEN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $289,654 and $460,233, with a best estimate of $328,911. That places the property below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$328,911
$386,591
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L256500F - HERITAGE PARK SEC 2,3,4. The estimated range of $289,654 and $460,233 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$30,514 for 113 sqft less living space and -$28,343 for being older. Net adjustment: -$58,857.
Adjusted -$25,384 for 94 sqft less living space and -$24,800 for being older. Net adjustment: -$50,184.
Adjusted -$159,863 for 592 sqft less living space and +$14,171 for being newer. Net adjustment: -$145,692.
Adjusted -$170,125 for 630 sqft less living space and -$10,629 for being older. Net adjustment: -$180,754.
Adjusted +$48,337 for 179 sqft more living space and -$67,315 for being older. Net adjustment: -$18,978.
The Neighborhood
This home is valued 4.3% below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is -4.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,659 across all districts. With a homestead exemption claimed, that drops to $6,048 — saving $1,611 per year. That's $504 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% | $4,202 |
| Williamson County | County | 0.3694% | $1,428 |
| Cedar Park | City | 0.3600% | $1,392 |
| Austin Community College | special | 0.1034% | $400 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,659 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $328,911 would pay approximately $2,053 per month (principal and interest only, excluding taxes and insurance).