503 SPANISH MUSTANG DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $488,291 and $897,181, with a best estimate of $598,929. That places the property below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$598,929
$591,438
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L543514A - Ranch at Brushy Creek - Section 8A, this home's estimated market value is between $488,291 and $897,181. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$129,645 for 343 sqft more living space. Net adjustment: +$129,645.
Adjusted +$43,467 for 115 sqft more living space and -$11,306 for being older. Net adjustment: +$32,161.
Adjusted -$56,696 for 150 sqft less living space. Net adjustment: -$56,696.
Adjusted -$195,035 for 516 sqft less living space. Net adjustment: -$195,035.
Adjusted +$72,949 for 193 sqft more living space and -$22,612 for being older. Net adjustment: +$50,337.
The Neighborhood
This home is valued 23.1% below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L543514A - Ranch at Brushy Creek - Section 8A
below averageThis home is -23.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,571 across all districts. With a homestead exemption claimed, that drops to $9,190 — saving $1,381 per year. That's $766 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 |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $5,282 |
| Williamson County | County | 0.3694% | $2,185 |
| Cedar Park | City | 0.3600% | $2,129 |
| Austin Community College | special | 0.1034% | $612 |
| Williamson County FM/Rd | County | 0.0443% | $262 |
| Upper Brushy Creek WCID | Water | 0.0170% | $101 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $10,571 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $598,929 would pay approximately $3,738 per month (principal and interest only, excluding taxes and insurance).