505 SPANISH MUSTANG DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $565,776 and $676,414, with a best estimate of $638,939. That places the property below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$638,939
$624,791
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L543514A - Ranch at Brushy Creek - Section 8A, this home's estimated market value is between $565,776 and $676,414. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$77,485 for 205 sqft more living space. Net adjustment: +$77,485.
Adjusted +$120,952 for 320 sqft more living space and -$11,306 for being older. Net adjustment: +$109,646.
Adjusted +$20,789 for 55 sqft more living space. Net adjustment: +$20,789.
Adjusted -$117,550 for 311 sqft less living space. Net adjustment: -$117,550.
Adjusted -$48,381 for 128 sqft less living space. Net adjustment: -$48,381.
The Neighborhood
This home is valued 18.8% below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L543514A - Ranch at Brushy Creek - Section 8A
below averageThis home is -18.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,167 across all districts. With a homestead exemption claimed, that drops to $9,778 — saving $1,389 per year. That's $815 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 |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $5,580 |
| Williamson County | County | 0.3694% | $2,308 |
| Cedar Park | City | 0.3600% | $2,249 |
| Austin Community College | special | 0.1034% | $646 |
| Williamson County FM/Rd | County | 0.0443% | $277 |
| Upper Brushy Creek WCID | Water | 0.0170% | $106 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $11,167 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $638,939 would pay approximately $3,988 per month (principal and interest only, excluding taxes and insurance).