2306 FAIRHILL CV, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $326,137 and $577,911, with a best estimate of $524,979. That places the property above 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
$524,979
$586,002
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L252500E - GANN RANCH SEC 3 & 4, this home's estimated market value is between $326,137 and $577,911. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$76,417 for 351 sqft less living space. Net adjustment: -$76,417.
This comparable closely matches the subject property's features.
Adjusted -$11,756 for 54 sqft less living space. Net adjustment: -$11,756.
Adjusted +$107,550 for 494 sqft more living space and +$823 for being newer. Net adjustment: +$108,373.
Adjusted -$26,561 for 122 sqft less living space and +$823 for being newer. Net adjustment: -$25,738.
The Neighborhood
This home is valued 15.5% 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 +15.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,609 across all districts. With a homestead exemption claimed, that drops to $9,958 — saving $1,651 per year. That's $830 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% | $6,369 |
| Williamson County | County | 0.3694% | $2,165 |
| Cedar Park | City | 0.3600% | $2,110 |
| Austin Community College | special | 0.1034% | $606 |
| Williamson County FM/Rd | County | 0.0443% | $260 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,609 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $524,979 would pay approximately $3,277 per month (principal and interest only, excluding taxes and insurance).