2304 JOHN TEE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $292,311 and $407,663, with a best estimate of $304,300. 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
$304,300
$344,616
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L256500F - HERITAGE PARK SEC 2,3,4, this home's estimated market value is between $292,311 and $407,663. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$81,282 for 301 sqft less living space and +$3,543 for being newer. Net adjustment: -$77,739.
Adjusted -$84,522 for 313 sqft less living space. Net adjustment: -$84,522.
Adjusted +$75,341 for 279 sqft more living space and +$3,543 for being newer. Net adjustment: +$78,884.
Adjusted -$61,569 for 228 sqft less living space. Net adjustment: -$61,569.
Adjusted -$84,522 for 313 sqft less living space. Net adjustment: -$84,522.
The Neighborhood
This home is valued 14.7% 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 -14.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,827 across all districts. With a homestead exemption claimed, that drops to $5,224 — saving $1,603 per year. That's $435 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% | $3,746 |
| Williamson County | County | 0.3694% | $1,273 |
| Cedar Park | City | 0.3600% | $1,241 |
| Austin Community College | special | 0.1034% | $356 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,827 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $304,300 would pay approximately $1,899 per month (principal and interest only, excluding taxes and insurance).