505 COUGAR AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $49,341 and $413,675, with a best estimate of $96,723. That places the property below the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$96,723
$251,231
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L501D74H - Cedar Park Ranchettes #4, this home's estimated market value is between $49,341 and $413,675. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$25,898 for 133 sqft more living space and +$50,085 for being newer. Net adjustment: +$75,983.
Adjusted +$2,337 for 12 sqft more living space and -$150,256 for being older. Net adjustment: -$147,919.
Adjusted -$84,705 for 435 sqft less living space and -$100,171 for being older. Net adjustment: -$184,876.
Adjusted +$43,034 for 221 sqft more living space and -$230,393 for being older. Net adjustment: -$187,359.
Adjusted -$36,024 for 185 sqft less living space and -$150,256 for being older. Net adjustment: -$186,280.
The Neighborhood
This home is valued 18.2% below the L501D74H - Cedar Park Ranchettes #4 median of $307,201. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
below averageThis home is -18.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,977 across all districts. With a homestead exemption claimed, that drops to $3,391 — saving $1,586 per year. That's $283 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% | $2,731 |
| Williamson County | County | 0.3694% | $928 |
| Cedar Park | City | 0.3600% | $904 |
| Austin Community College | special | 0.1034% | $260 |
| Williamson County FM/Rd | County | 0.0443% | $111 |
| Upper Brushy Creek WCID | Water | 0.0170% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,977 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $96,723 would pay approximately $604 per month (principal and interest only, excluding taxes and insurance).