3008 PALOMINOS PASS, CEDAR PARK, TX 78641
CEDAR PARK, 78641 — williamson County
Property at a Glance
This home is estimated between $694,748 and $987,429, with a best estimate of $712,097. That places the property above the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$712,097
$643,774
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L421509C - CABALLO RANCH, this home's estimated market value is between $694,748 and $987,429. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$97,370 for 382 sqft more living space. Net adjustment: +$97,370.
Adjusted +$170,525 for 669 sqft more living space and +$13,844 for being newer. Net adjustment: +$184,369.
Adjusted +$88,704 for 348 sqft more living space and -$27,689 for being older. Net adjustment: +$61,015.
Adjusted -$128,468 for 504 sqft less living space and +$13,844 for being newer. Net adjustment: -$114,624.
Adjusted +$49,195 for 193 sqft more living space. Net adjustment: +$49,195.
The Neighborhood
This home is valued 3.3% below the L421509C - CABALLO RANCH median of $665,568. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is -3.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,754 across all districts. With a homestead exemption claimed, that drops to $11,090 — saving $1,664 per year. That's $924 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% | $6,997 |
| Williamson County | County | 0.3694% | $2,378 |
| Cedar Park | City | 0.3600% | $2,318 |
| Austin Community College | special | 0.1034% | $666 |
| Williamson County FM/Rd | County | 0.0443% | $285 |
| Upper Brushy Creek WCID | Water | 0.0170% | $109 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,754 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $712,097 would pay approximately $4,445 per month (principal and interest only, excluding taxes and insurance).