2607 HONEY SPRINGS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $561,939 and $752,936, with a best estimate of $736,322. That places the property above the L551518B - THREE POINTS median of $724,531, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$736,322
$749,950
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L551518B - THREE POINTS, this home's estimated market value is between $561,939 and $752,936. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$43,817 for 126 sqft less living space and -$4,569 for being older. Net adjustment: -$48,386.
Adjusted -$52,511 for 151 sqft less living space and -$4,569 for being older. Net adjustment: -$57,080.
Adjusted -$57,727 for 166 sqft less living space and -$4,569 for being older. Net adjustment: -$62,296.
Adjusted -$53,206 for 153 sqft less living space. Net adjustment: -$53,206.
Adjusted +$10,433 for 30 sqft more living space and -$4,569 for being older. Net adjustment: +$5,864.
The Neighborhood
This home is valued 3.5% above the L551518B - THREE POINTS median of $724,531. With 235 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L551518B - THREE POINTS
typicalThis home is +3.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,857 across all districts. With a homestead exemption claimed, that drops to $13,170 — saving $1,687 per year. That's $1,098 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% | $8,151 |
| Williamson County | County | 0.3694% | $2,771 |
| Cedar Park | City | 0.3600% | $2,700 |
| Austin Community College | special | 0.1034% | $775 |
| Williamson County FM/Rd | County | 0.0443% | $332 |
| Upper Brushy Creek WCID | Water | 0.0170% | $127 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,857 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $736,322 would pay approximately $4,596 per month (principal and interest only, excluding taxes and insurance).