1403 NEW HOPE DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $79,614 and $331,295, with a best estimate of $279,058. 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
$279,058
$699,106
Based on 5 comparable properties(2 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 $79,614 and $331,295 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$137,474 for 421 sqft less living space and -$141,393 for being older. Net adjustment: -$278,867.
Adjusted +$2,612 for 8 sqft more living space and -$70,696 for being older. Net adjustment: -$68,084.
Adjusted +$87,513 for 268 sqft more living space and -$114,202 for being older. Net adjustment: -$26,689.
Adjusted +$83,594 for 256 sqft more living space and -$119,640 for being older. Net adjustment: -$36,046.
Adjusted +$118,534 for 363 sqft more living space and -$108,764 for being older. Net adjustment: +$9,770.
The Neighborhood
This home is valued 7.4% below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
typicalThis home is -7.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,850 across all districts. With a homestead exemption claimed, that drops to $12,174 — saving $1,676 per year. That's $1,015 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% | $7,599 |
| Williamson County | County | 0.3694% | $2,583 |
| Cedar Park | City | 0.3600% | $2,517 |
| Austin Community College | special | 0.1034% | $723 |
| Williamson County FM/Rd | County | 0.0443% | $310 |
| Upper Brushy Creek WCID | Water | 0.0170% | $119 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,850 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $279,058 would pay approximately $1,742 per month (principal and interest only, excluding taxes and insurance).