2302 PONDEROSA PASS, CEDAR PARK, TX 78641
CEDAR PARK, 78641 — williamson County
Property at a Glance
This home is estimated between $488,346 and $856,573, with a best estimate of $637,538. That places the property below the L421509C - CABALLO RANCH median of $665,568, in a neighborhood that declined 1.5% over the past year.
Estimated Value Range
$637,538
$606,409
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $488,346 and $856,573. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$52,763 for 207 sqft more living space and +$41,533 for being newer. Net adjustment: +$94,296.
Adjusted +$11,980 for 47 sqft more living space and +$41,533 for being newer. Net adjustment: +$53,513.
Adjusted +$10,451 for 41 sqft more living space and +$27,689 for being newer. Net adjustment: +$38,140.
Adjusted -$69,841 for 274 sqft less living space. Net adjustment: -$69,841.
Adjusted -$316,071 for 1,240 sqft less living space and +$41,533 for being newer. Net adjustment: -$274,538.
The Neighborhood
This home is valued 8.9% below the L421509C - CABALLO RANCH median of $665,568. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.5% over the past year.
L421509C - CABALLO RANCH
typicalThis home is -8.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,013 across all districts. With a homestead exemption claimed, that drops to $10,358 — saving $1,655 per year. That's $863 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% | $6,591 |
| Williamson County | County | 0.3694% | $2,240 |
| Cedar Park | City | 0.3600% | $2,183 |
| Austin Community College | special | 0.1034% | $627 |
| Williamson County FM/Rd | County | 0.0443% | $269 |
| Upper Brushy Creek WCID | Water | 0.0170% | $103 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,013 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $637,538 would pay approximately $3,979 per month (principal and interest only, excluding taxes and insurance).