2605 HONEY SPRINGS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $668,653 and $872,215, with a best estimate of $758,857. That places the property above the L551518B - THREE POINTS median of $724,531, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$758,857
$632,943
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 $668,653 and $872,215. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$50,772 for 146 sqft more living space. Net adjustment: +$50,772.
Adjusted +$75,462 for 217 sqft more living space and -$4,569 for being older. Net adjustment: +$70,893.
Adjusted +$66,768 for 192 sqft more living space and -$4,569 for being older. Net adjustment: +$62,199.
Adjusted +$129,712 for 373 sqft more living space and -$4,569 for being older. Net adjustment: +$125,143.
Adjusted +$64,682 for 186 sqft more living space and -$9,138 for being older. Net adjustment: +$55,544.
The Neighborhood
This home is valued 12.6% 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 -12.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,539 across all districts. With a homestead exemption claimed, that drops to $10,878 — saving $1,661 per year. That's $907 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% | $6,879 |
| Williamson County | County | 0.3694% | $2,338 |
| Cedar Park | City | 0.3600% | $2,279 |
| Austin Community College | special | 0.1034% | $654 |
| Williamson County FM/Rd | County | 0.0443% | $281 |
| Upper Brushy Creek WCID | Water | 0.0170% | $108 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,539 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $758,857 would pay approximately $4,737 per month (principal and interest only, excluding taxes and insurance).