2506 PETERSON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $546,963 and $696,116, with a best estimate of $686,743. That places the property above the L521405G - SILVERADO WEST PHS B median of $480,558, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$686,743
$721,615
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L521405G - SILVERADO WEST PHS B, this home's estimated market value is between $546,963 and $696,116. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$20,410 for 64 sqft more living space. Net adjustment: +$20,410.
Adjusted -$48,473 for 152 sqft less living space. Net adjustment: -$48,473.
Adjusted -$47,517 for 149 sqft less living space. Net adjustment: -$47,517.
Adjusted -$50,706 for 159 sqft less living space. Net adjustment: -$50,706.
Adjusted -$4,465 for 14 sqft less living space and +$12,836 for being newer and -$88,512 for no pool. Net adjustment: -$80,141.
The Neighborhood
This home is valued 50.2% above the L521405G - SILVERADO WEST PHS B median of $480,558. With 783 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L521405G - SILVERADO WEST PHS B
outlier highThis home is +50.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,296 across all districts. With a homestead exemption claimed, that drops to $12,615 — saving $1,681 per year. That's $1,051 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% | $7,843 |
| Williamson County | County | 0.3694% | $2,666 |
| Cedar Park | City | 0.3600% | $2,598 |
| Austin Community College | special | 0.1034% | $746 |
| Williamson County FM/Rd | County | 0.0443% | $320 |
| Upper Brushy Creek WCID | Water | 0.0170% | $123 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,296 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $686,743 would pay approximately $4,287 per month (principal and interest only, excluding taxes and insurance).