2303 SUMAC LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $142,767 and $351,856, with a best estimate of $321,882. That places the property above the AM10DLXI - MH - SLE/SLH/SBU median of $243,199, in a neighborhood that appreciated 21.7% over the past year.
Estimated Value Range
$321,882
$196,558
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in AM10DLXI - MH - SLE/SLH/SBU. The estimated range of $142,767 and $351,856 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$44,102 for 304 sqft less living space and +$3,802 for being newer. Net adjustment: -$40,300.
Adjusted +$1,741 for 12 sqft more living space and -$19,009 for being older. Net adjustment: -$17,268.
Adjusted +$11,171 for 77 sqft more living space and -$26,612 for being older. Net adjustment: -$15,441.
Adjusted +$34,962 for 241 sqft more living space and -$19,009 for being older. Net adjustment: +$15,953.
Adjusted +$34,962 for 241 sqft more living space and -$19,009 for being older. Net adjustment: +$15,953.
The Neighborhood
This home is valued 19.2% below the AM10DLXI - MH - SLE/SLH/SBU median of $243,199. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 21.7% over the past year.
AM10DLXI - MH - SLE/SLH/SBU
below averageThis home is -19.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,894 across all districts. With a homestead exemption claimed, that drops to $2,318 — saving $1,576 per year. That's $193 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% | $2,136 |
| Williamson County | County | 0.3694% | $726 |
| Cedar Park | City | 0.3600% | $708 |
| Austin Community College | special | 0.1034% | $203 |
| Williamson County FM/Rd | County | 0.0443% | $87 |
| Upper Brushy Creek WCID | Water | 0.0170% | $33 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $3,894 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $321,882 would pay approximately $2,009 per month (principal and interest only, excluding taxes and insurance).