1313 NEW HOPE DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $147,699 and $738,050, with a best estimate of $348,867. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$348,867
$223,427
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 $147,699 and $738,050. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$105,473 for 323 sqft more living space and +$21,753 for being newer. Net adjustment: +$127,226.
Adjusted +$209,313 for 641 sqft more living space and +$27,191 for being newer. Net adjustment: +$236,504.
Adjusted -$140,086 for 429 sqft less living space and -$70,696 for being older. Net adjustment: -$210,782.
Adjusted +$84,901 for 260 sqft more living space and -$43,506 for being older. Net adjustment: +$41,395.
Adjusted +$80,982 for 248 sqft more living space and -$48,944 for being older. Net adjustment: +$32,038.
The Neighborhood
This home is valued 70.4% below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
outlier lowThis home is -70.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,452 across all districts. With a homestead exemption claimed, that drops to $1,066 — saving $1,386 per year. That's $89 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% | $1,346 |
| Williamson County | County | 0.3694% | $457 |
| Cedar Park | City | 0.3600% | $446 |
| Austin Community College | special | 0.1034% | $128 |
| Williamson County FM/Rd | County | 0.0443% | $55 |
| Upper Brushy Creek WCID | Water | 0.0170% | $21 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $2,452 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $348,867 would pay approximately $2,178 per month (principal and interest only, excluding taxes and insurance).