1502 GRETCHEN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $214,724 and $565,547, with a best estimate of $264,838. That places the property below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$264,838
$342,669
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L256500F - HERITAGE PARK SEC 2,3,4. The estimated range of $214,724 and $565,547 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$13,232 for 49 sqft more living space and -$10,629 for being older. Net adjustment: +$2,603.
Adjusted -$44,016 for 163 sqft less living space and -$24,800 for being older. Net adjustment: -$68,816.
Adjusted +$9,451 for 35 sqft more living space and -$60,229 for being older. Net adjustment: -$50,778.
Adjusted -$73,451 for 272 sqft less living space and -$24,800 for being older. Net adjustment: -$98,251.
Adjusted -$106,936 for 396 sqft less living space and -$17,714 for being older and -$6,235 for no pool. Net adjustment: -$130,885.
The Neighborhood
This home is valued 15.2% below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
below averageThis home is -15.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,789 across all districts. With a homestead exemption claimed, that drops to $5,186 — saving $1,603 per year. That's $432 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% | $3,724 |
| Williamson County | County | 0.3694% | $1,266 |
| Cedar Park | City | 0.3600% | $1,234 |
| Austin Community College | special | 0.1034% | $354 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,789 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $264,838 would pay approximately $1,653 per month (principal and interest only, excluding taxes and insurance).