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307 MUSTANG AVE S, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

2 bed2 bath1,824 sqftBuilt 1975

Property at a Glance

This home is estimated between $275,769 and $379,744, with a best estimate of $317,982. 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

$275,769 $379,744
Best Estimate
$317,982
WCAD Value
$234,653
High Confidence

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 $275,769 and $379,744. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

402 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,329 sqft Built 1975
Raw Value $283,355
Adjusted Value $379,744

Adjusted +$96,389 for 495 sqft more living space. Net adjustment: +$96,389.

506 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,966 sqft Built 1965
Raw Value $265,620
Adjusted Value $288,054

Adjusted -$27,651 for 142 sqft less living space and +$50,085 for being newer. Net adjustment: +$22,434.

601 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,472 sqft Built 1975
Raw Value $291,878
Adjusted Value $360,421

Adjusted +$68,543 for 352 sqft more living space. Net adjustment: +$68,543.

508 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,595 sqft Built 1970
Raw Value $248,347
Adjusted Value $317,982

Adjusted +$44,592 for 229 sqft more living space and +$25,043 for being newer. Net adjustment: +$69,635.

404 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2,029 sqft Built 1975
Raw Value $315,688
Adjusted Value $275,769

Adjusted -$39,919 for 205 sqft less living space. Net adjustment: -$39,919.

The Neighborhood

This home is valued 23.6% 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 average
123 Properties
$307,201 Median Value
+4.3% YoY Change
4% Have Pool
35% Have Garage
This Home
$234,653
Median
$307,201

This home is -23.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $4,649 across all districts. With a homestead exemption claimed, that drops to $3,066 — saving $1,583 per year. That's $256 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$2,550
Williamson CountyCounty0.3694%$867
Cedar ParkCity0.3600%$845
Austin Community Collegespecial0.1034%$243
Williamson County FM/RdCounty0.0443%$104
Upper Brushy Creek WCIDWater0.0170%$40
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$4,649

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $317,982 would pay approximately $1,985 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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