2902 GREAT VALLEY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $236,129 and $344,618, with a best estimate of $306,707. That places the property below the L360479H - Shenandoah - All Sections median of $352,063, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$306,707
$332,050
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L360479H - Shenandoah - All Sections, this home's estimated market value is between $236,129 and $344,618. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$38,148 for 154 sqft less living space and +$4,885 for being newer. Net adjustment: -$33,263.
Adjusted -$62,424 for 252 sqft less living space and +$4,885 for being newer. Net adjustment: -$57,539.
Adjusted -$66,883 for 270 sqft less living space. Net adjustment: -$66,883.
Adjusted -$4,459 for 18 sqft less living space and +$4,885 for being newer. Net adjustment: +$426.
Adjusted -$87,939 for 355 sqft less living space. Net adjustment: -$87,939.
The Neighborhood
This home is valued 5.7% below the L360479H - Shenandoah - All Sections median of $352,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
typicalThis home is -5.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,685 across all districts. With a homestead exemption claimed, that drops to $4,102 — saving $1,583 per year. That's $342 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% | $3,609 |
| Williamson County | County | 0.3694% | $1,227 |
| Austin Community College | special | 0.1034% | $343 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $302 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $5,685 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,707 would pay approximately $1,914 per month (principal and interest only, excluding taxes and insurance).