507 PASEO GRAND DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $399,753 and $672,508, with a best estimate of $625,376. 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
$625,376
$439,023
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 $399,753 and $672,508. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$44,009 for 138 sqft less living space and +$38,509 for being newer. Net adjustment: -$5,500.
Adjusted +$66,013 for 207 sqft more living space. Net adjustment: +$66,013.
Adjusted +$150,841 for 473 sqft more living space and +$38,509 for being newer. Net adjustment: +$189,350.
Adjusted +$21,048 for 66 sqft more living space. Net adjustment: +$21,048.
Adjusted -$14,351 for 45 sqft less living space and +$12,836 for being newer. Net adjustment: -$1,515.
The Neighborhood
This home is valued 8.6% below the L521405G - SILVERADO WEST PHS B median of $480,558. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L521405G - SILVERADO WEST PHS B
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,697 across all districts. With a homestead exemption claimed, that drops to $7,077 — saving $1,620 per year. That's $590 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% | $4,772 |
| Williamson County | County | 0.3694% | $1,622 |
| Cedar Park | City | 0.3600% | $1,580 |
| Austin Community College | special | 0.1034% | $454 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,697 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $625,376 would pay approximately $3,904 per month (principal and interest only, excluding taxes and insurance).