242 SILVERSTONE LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $221,338 and $502,395, with a best estimate of $255,077. That places the property below the L101494H - North Creek Sec 1 & 2 median of $310,157, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$255,077
$315,641
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L101494H - North Creek Sec 1 & 2, this home's estimated market value is between $221,338 and $502,395. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$96,717 for 443 sqft more living space and -$3,522 for being older. Net adjustment: +$93,195.
Adjusted -$61,786 for 283 sqft less living space. Net adjustment: -$61,786.
Adjusted -$77,287 for 354 sqft less living space. Net adjustment: -$77,287.
Adjusted +$72,047 for 330 sqft more living space. Net adjustment: +$72,047.
Adjusted -$37,115 for 170 sqft less living space. Net adjustment: -$37,115.
The Neighborhood
This home is valued 1.8% above the L101494H - North Creek Sec 1 & 2 median of $310,157. With 986 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L101494H - North Creek Sec 1 & 2
typicalThis home is +1.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,253 across all districts. With a homestead exemption claimed, that drops to $4,655 — saving $1,598 per year. That's $388 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% | $3,431 |
| Williamson County | County | 0.3694% | $1,166 |
| Cedar Park | City | 0.3600% | $1,136 |
| Austin Community College | special | 0.1034% | $326 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,253 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $255,077 would pay approximately $1,592 per month (principal and interest only, excluding taxes and insurance).