2505 PETERSON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $356,103 and $783,801, with a best estimate of $734,573. That places the property above the L521405G - SILVERADO WEST PHS B median of $480,558, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$734,573
$782,816
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L521405G - SILVERADO WEST PHS B, this home's estimated market value is between $356,103 and $783,801. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$11,799 for 37 sqft more living space. Net adjustment: +$11,799.
Adjusted -$113,529 for 356 sqft less living space. Net adjustment: -$113,529.
Adjusted -$108,108 for 339 sqft less living space. Net adjustment: -$108,108.
Adjusted +$10,524 for 33 sqft more living space and +$12,836 for being newer. Net adjustment: +$23,360.
Adjusted +$62,186 for 195 sqft more living space. Net adjustment: +$62,186.
The Neighborhood
This home is valued 62.9% above the L521405G - SILVERADO WEST PHS B median of $480,558. With 783 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L521405G - SILVERADO WEST PHS B
outlier highThis home is +62.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,508 across all districts. With a homestead exemption claimed, that drops to $13,814 — saving $1,694 per year. That's $1,151 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% | $8,508 |
| Williamson County | County | 0.3694% | $2,892 |
| Cedar Park | City | 0.3600% | $2,818 |
| Austin Community College | special | 0.1034% | $809 |
| Williamson County FM/Rd | County | 0.0443% | $347 |
| Upper Brushy Creek WCID | Water | 0.0170% | $133 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,508 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $734,573 would pay approximately $4,585 per month (principal and interest only, excluding taxes and insurance).