1315 NEW HOPE DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $641,002 and $845,274, with a best estimate of $749,889. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$749,889
$909,044
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L010D82C - Leander Williamson Abstracts le 20 Acres. The estimated range of $641,002 and $845,274 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$222,701 for 682 sqft more living space and +$59,820 for being newer. Net adjustment: +$282,521.
Adjusted +$392,175 for 1,201 sqft more living space and -$43,506 for being older. Net adjustment: +$348,669.
Adjusted +$279,192 for 855 sqft more living space and +$70,696 for being newer. Net adjustment: +$349,888.
Adjusted +$449,973 for 1,378 sqft more living space and +$59,820 for being newer. Net adjustment: +$509,793.
Adjusted +$463,035 for 1,418 sqft more living space and +$65,258 for being newer. Net adjustment: +$528,293.
The Neighborhood
This home is valued 20.4% above the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. With 792 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
above averageThis home is +20.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,009 across all districts. With a homestead exemption claimed, that drops to $16,287 — saving $1,722 per year. That's $1,357 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% | $9,880 |
| Williamson County | County | 0.3694% | $3,358 |
| Cedar Park | City | 0.3600% | $3,273 |
| Austin Community College | special | 0.1034% | $940 |
| Williamson County FM/Rd | County | 0.0443% | $403 |
| Upper Brushy Creek WCID | Water | 0.0170% | $155 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $18,009 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $749,889 would pay approximately $4,681 per month (principal and interest only, excluding taxes and insurance).