2505 LITTLE ELM TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $280,493 and $497,475, with a best estimate of $471,009. That places the property above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$471,009
$474,144
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $280,493 and $497,475. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$31,009 for 112 sqft less living space and -$35,459 for being older. Net adjustment: -$66,468.
Adjusted -$157,260 for 568 sqft less living space and -$11,820 for being older. Net adjustment: -$169,080.
Adjusted +$20,765 for 75 sqft more living space and -$17,730 for being older. Net adjustment: +$3,035.
Adjusted -$70,047 for 253 sqft less living space. Net adjustment: -$70,047.
Adjusted -$12,182 for 44 sqft less living space and +$5,910 for being newer. Net adjustment: -$6,272.
The Neighborhood
This home is valued 3.9% above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. With 602 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +3.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,393 across all districts. With a homestead exemption claimed, that drops to $7,766 — saving $1,627 per year. That's $647 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% | $5,153 |
| Williamson County | County | 0.3694% | $1,752 |
| Cedar Park | City | 0.3600% | $1,707 |
| Austin Community College | special | 0.1034% | $490 |
| Williamson County FM/Rd | County | 0.0443% | $210 |
| Upper Brushy Creek WCID | Water | 0.0170% | $81 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,393 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $471,009 would pay approximately $2,940 per month (principal and interest only, excluding taxes and insurance).