2406 HOBART DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $370,205 and $808,965, with a best estimate of $393,273. That places the property below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$393,273
$612,049
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L252500E - GANN RANCH SEC 3 & 4. The estimated range of $370,205 and $808,965 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$3,290 for being newer. Net adjustment: +$3,290.
Adjusted -$7,185 for 33 sqft less living space and -$1,645 for being older. Net adjustment: -$8,830.
Adjusted +$11,756 for 54 sqft more living space and -$2,468 for being older. Net adjustment: +$9,288.
Adjusted +$5,878 for 27 sqft more living space and -$5,758 for being older. Net adjustment: +$120.
Adjusted -$59,653 for 274 sqft less living space and -$7,403 for being older. Net adjustment: -$67,056.
The Neighborhood
This home is valued 20.7% above the L252500E - GANN RANCH SEC 3 & 4 median of $507,244. With 485 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.3% over the past year.
L252500E - GANN RANCH SEC 3 & 4
above averageThis home is +20.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,125 across all districts. With a homestead exemption claimed, that drops to $10,468 — saving $1,657 per year. That's $872 per month a buyer should budget. The assessed value increased +2.3% vs the subdivision average of -6.3%. This above-average increase gives a protest opportunity score of 43 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $6,652 |
| Williamson County | County | 0.3694% | $2,261 |
| Cedar Park | City | 0.3600% | $2,203 |
| Austin Community College | special | 0.1034% | $633 |
| Williamson County FM/Rd | County | 0.0443% | $271 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,125 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,273 would pay approximately $2,455 per month (principal and interest only, excluding taxes and insurance).