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305 S MUSTANG AVE, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

5 bed3 bath3,214 sqftBuilt 2020

Property at a Glance

This home is estimated between $907,489 and $1,138,770, with a best estimate of $994,304. That places the property above the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.

Estimated Value Range

$907,489 $1,138,770
Best Estimate
$994,304
WCAD Value
$994,678
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L501D74H - Cedar Park Ranchettes #4. The estimated range of $907,489 and $1,138,770 should be treated as a rough guide.

Comparable Properties (5)

5 bed 4 bath 2,456 sqft Built 2013
Raw Value $724,827
Adjusted Value $907,489

Adjusted +$147,602 for 758 sqft more living space and +$35,060 for being newer. Net adjustment: +$182,662.

5 bed 4 bath 2,348 sqft Built 2013
Raw Value $724,935
Adjusted Value $928,627

Adjusted +$168,632 for 866 sqft more living space and +$35,060 for being newer. Net adjustment: +$203,692.

5 bed 4 bath 2,292 sqft Built 2010
Raw Value $909,148
Adjusted Value $1,138,770

Adjusted +$179,537 for 922 sqft more living space and +$50,085 for being newer. Net adjustment: +$229,622.

4 bed 3 bath 1,945 sqft Built 2013
Raw Value $712,138
Adjusted Value $994,304

Adjusted +$247,106 for 1,269 sqft more living space and +$35,060 for being newer. Net adjustment: +$282,166.

4 bed 3 bath 2,042 sqft Built 2008
Raw Value $710,333
Adjusted Value $998,654

Adjusted +$228,218 for 1,172 sqft more living space and +$60,103 for being newer. Net adjustment: +$288,321.

The Neighborhood

This home is valued 223.8% above the L501D74H - Cedar Park Ranchettes #4 median of $307,201. With 123 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.3% over the past year.

L501D74H - Cedar Park Ranchettes #4

outlier high
123 Properties
$307,201 Median Value
+4.3% YoY Change
4% Have Pool
35% Have Garage
This Home
$994,678
Median
$307,201

This home is +223.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $16,677 across all districts. With a homestead exemption claimed, that drops to $14,970 — saving $1,707 per year. That's $1,248 per month a buyer should budget. The assessed value increased +30.0% vs the subdivision average of +4.3%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$9,150
Williamson CountyCounty0.3694%$3,110
Cedar ParkCity0.3600%$3,031
Austin Community Collegespecial0.1034%$870
Williamson County FM/RdCounty0.0443%$373
Upper Brushy Creek WCIDWater0.0170%$143
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$16,677
100 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $994,304 would pay approximately $6,206 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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