2907 ZELMA DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $696,085 and $755,882, with a best estimate of $699,546. That places the property below the L551518B - THREE POINTS median of $724,531, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$699,546
$705,154
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L551518B - THREE POINTS, this home's estimated market value is between $696,085 and $755,882. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$36,862 for 106 sqft less living space and +$4,569 for being newer. Net adjustment: -$32,293.
Adjusted -$34,427 for 99 sqft less living space. Net adjustment: -$34,427.
Adjusted +$34,775 for 100 sqft more living space and +$4,569 for being newer. Net adjustment: +$39,344.
Adjusted -$134,580 for 387 sqft less living space. Net adjustment: -$134,580.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 2.7% below the L551518B - THREE POINTS median of $724,531. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L551518B - THREE POINTS
typicalThis home is -2.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,970 across all districts. With a homestead exemption claimed, that drops to $12,292 — saving $1,678 per year. That's $1,024 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% | $7,664 |
| Williamson County | County | 0.3694% | $2,605 |
| Cedar Park | City | 0.3600% | $2,539 |
| Austin Community College | special | 0.1034% | $729 |
| Williamson County FM/Rd | County | 0.0443% | $313 |
| Upper Brushy Creek WCID | Water | 0.0170% | $120 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,970 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $699,546 would pay approximately $4,367 per month (principal and interest only, excluding taxes and insurance).