2807 GREAT VALLEY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $201,944 and $310,433, with a best estimate of $272,522. 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
$272,522
$285,111
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 $201,944 and $310,433. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$72,333 for 292 sqft less living space and +$4,885 for being newer. Net adjustment: -$67,448.
Adjusted -$96,609 for 390 sqft less living space and +$4,885 for being newer. Net adjustment: -$91,724.
Adjusted -$101,068 for 408 sqft less living space. Net adjustment: -$101,068.
Adjusted -$38,644 for 156 sqft less living space and +$4,885 for being newer. Net adjustment: -$33,759.
Adjusted +$3,963 for 16 sqft more living space. Net adjustment: +$3,963.
The Neighborhood
This home is valued 19.0% 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
below averageThis home is -19.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,881 across all districts. With a homestead exemption claimed, that drops to $3,307 — saving $1,574 per year. That's $276 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% | $3,099 |
| Williamson County | County | 0.3694% | $1,053 |
| Austin Community College | special | 0.1034% | $295 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $259 |
| Williamson County FM/Rd | County | 0.0443% | $126 |
| Upper Brushy Creek WCID | Water | 0.0170% | $48 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $4,881 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $272,522 would pay approximately $1,701 per month (principal and interest only, excluding taxes and insurance).