307 BLUE RIDGE PKWY S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $255,197 and $373,047, with a best estimate of $351,635. That places the property below 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
$351,635
$311,977
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L375482H - Park Place Sec 1 & 2, this home's estimated market value is between $255,197 and $373,047. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$5,300 for 22 sqft more living space. Net adjustment: +$5,300.
Adjusted +$35,170 for 146 sqft more living space. Net adjustment: +$35,170.
Adjusted -$67,932 for 282 sqft less living space and -$48,456 for being older. Net adjustment: -$116,388.
Adjusted -$81,422 for 338 sqft less living space and +$3,461 for being newer and +$13,028 for having a garage. Net adjustment: -$64,933.
Adjusted -$23,367 for 97 sqft less living space and +$3,461 for being newer. Net adjustment: -$19,906.
The Neighborhood
This home is valued 16.2% below the L375482H - Park Place Sec 1 & 2 median of $372,368. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
below averageThis home is -16.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,181 across all districts. With a homestead exemption claimed, that drops to $4,583 — saving $1,598 per year. That's $382 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% | $3,391 |
| Williamson County | County | 0.3694% | $1,153 |
| Cedar Park | City | 0.3600% | $1,123 |
| Austin Community College | special | 0.1034% | $323 |
| Williamson County FM/Rd | County | 0.0443% | $138 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,181 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $351,635 would pay approximately $2,195 per month (principal and interest only, excluding taxes and insurance).