308 LONE STAR DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $397,251 and $761,364, with a best estimate of $489,608. That places the property below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$489,608
$406,362
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $397,251 and $761,364. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$12,997 for 46 sqft less living space and +$36,755 for being newer. Net adjustment: +$23,758.
Adjusted -$49,162 for 174 sqft less living space and +$42,268 for being newer. Net adjustment: -$6,894.
Adjusted +$24,863 for 88 sqft more living space and -$3,675 for being older. Net adjustment: +$21,188.
Adjusted +$38,990 for 138 sqft more living space. Net adjustment: +$38,990.
Adjusted +$25,146 for 89 sqft more living space and -$3,675 for being older. Net adjustment: +$21,471.
The Neighborhood
This home is valued 18.0% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
below averageThis home is -18.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,050 across all districts. With a homestead exemption claimed, that drops to $6,436 — saving $1,614 per year. That's $536 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% | $4,417 |
| Williamson County | County | 0.3694% | $1,501 |
| Cedar Park | City | 0.3600% | $1,463 |
| Austin Community College | special | 0.1034% | $420 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,050 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $489,608 would pay approximately $3,056 per month (principal and interest only, excluding taxes and insurance).