305 E PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $372,737 and $469,363, with a best estimate of $410,185. That places the property above the L375482H - Park Place Sec 1 & 2 median of $372,368, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$410,185
$434,213
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L375482H - Park Place Sec 1 & 2. The estimated range of $372,737 and $469,363 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$31,316 for 130 sqft less living space and -$72,685 for being older. Net adjustment: -$104,001.
Adjusted -$36,375 for 151 sqft less living space and -$72,685 for being older. Net adjustment: -$109,060.
Adjusted +$37,820 for 157 sqft more living space and -$72,685 for being older. Net adjustment: -$34,865.
Adjusted +$3,132 for 13 sqft more living space and -$117,680 for being older. Net adjustment: -$114,548.
Adjusted +$9,636 for 40 sqft more living space and -$117,680 for being older. Net adjustment: -$108,044.
The Neighborhood
This home is valued 16.6% above the L375482H - Park Place Sec 1 & 2 median of $372,368. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
above averageThis home is +16.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,602 across all districts. With a homestead exemption claimed, that drops to $6,982 — saving $1,620 per year. That's $582 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% | $4,719 |
| Williamson County | County | 0.3694% | $1,604 |
| Cedar Park | City | 0.3600% | $1,563 |
| Austin Community College | special | 0.1034% | $449 |
| Williamson County FM/Rd | County | 0.0443% | $192 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,602 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $410,185 would pay approximately $2,560 per month (principal and interest only, excluding taxes and insurance).