2516 PETERSON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $309,759 and $746,950, with a best estimate of $735,943. 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
$735,943
$793,201
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 $309,759 and $746,950. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$97,903 for 307 sqft less living space. Net adjustment: -$97,903.
Adjusted +$59,635 for 187 sqft more living space. Net adjustment: +$59,635.
Adjusted -$188,790 for 592 sqft less living space and +$12,836 for being newer. Net adjustment: -$175,954.
Adjusted +$42,095 for 132 sqft more living space. Net adjustment: +$42,095.
Adjusted -$7,016 for 22 sqft less living space. Net adjustment: -$7,016.
The Neighborhood
This home is valued 65.1% 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 +65.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,714 across all districts. With a homestead exemption claimed, that drops to $14,017 — saving $1,697 per year. That's $1,168 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% | $8,621 |
| Williamson County | County | 0.3694% | $2,930 |
| Cedar Park | City | 0.3600% | $2,856 |
| Austin Community College | special | 0.1034% | $820 |
| Williamson County FM/Rd | County | 0.0443% | $352 |
| Upper Brushy Creek WCID | Water | 0.0170% | $135 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,714 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $735,943 would pay approximately $4,594 per month (principal and interest only, excluding taxes and insurance).