2305 ROMEO DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $224,662 and $295,243, with a best estimate of $276,924. 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
$276,924
$341,236
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L256500F - HERITAGE PARK SEC 2,3,4. The estimated range of $224,662 and $295,243 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$11,612 for 43 sqft more living space and -$28,343 for being older. Net adjustment: -$16,731.
Adjusted -$108,286 for 401 sqft less living space. Net adjustment: -$108,286.
Adjusted -$159,323 for 590 sqft less living space. Net adjustment: -$159,323.
Adjusted -$25,114 for 93 sqft less living space and -$24,800 for being older. Net adjustment: -$49,914.
Adjusted +$22,143 for 82 sqft more living space and -$28,343 for being older. Net adjustment: -$6,200.
The Neighborhood
This home is valued 15.6% 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 -15.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,760 across all districts. With a homestead exemption claimed, that drops to $5,157 — saving $1,603 per year. That's $430 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% | $3,709 |
| Williamson County | County | 0.3694% | $1,261 |
| Cedar Park | City | 0.3600% | $1,228 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,760 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $276,924 would pay approximately $1,729 per month (principal and interest only, excluding taxes and insurance).