507 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $222,385 and $367,476, with a best estimate of $275,786. That places the property below the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$275,786
$341,589
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L501D74H - Cedar Park Ranchettes #4, this home's estimated market value is between $222,385 and $367,476. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$84,121 for 432 sqft more living space. Net adjustment: +$84,121.
Adjusted -$39,919 for 205 sqft less living space and +$50,085 for being newer. Net adjustment: +$10,166.
Adjusted -$34,077 for 175 sqft less living space and -$130,222 for being older. Net adjustment: -$164,299.
Adjusted -$12,268 for 63 sqft less living space. Net adjustment: -$12,268.
Adjusted +$56,276 for 289 sqft more living space. Net adjustment: +$56,276.
The Neighborhood
This home is valued 11.2% above the L501D74H - Cedar Park Ranchettes #4 median of $307,201. With 123 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
typicalThis home is +11.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,767 across all districts. With a homestead exemption claimed, that drops to $5,164 — saving $1,603 per year. That's $430 per month a buyer should budget. The assessed value increased +9.3% vs the subdivision average of +4.3%. This above-average increase gives a protest opportunity score of 40 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,713 |
| Williamson County | County | 0.3694% | $1,262 |
| Cedar Park | City | 0.3600% | $1,230 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,767 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $275,786 would pay approximately $1,721 per month (principal and interest only, excluding taxes and insurance).