1503 COLORADO BEND DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $86,170 and $381,290, with a best estimate of $252,785. That places the property below the L451404G - CEDAR PARK TOWNCENTER median of $367,655, in a neighborhood that appreciated 1.7% over the past year.
Estimated Value Range
$252,785
$359,529
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 $86,170 and $381,290. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$90,009 for 259 sqft less living space and -$1,524 for being older. Net adjustment: -$91,533.
Adjusted -$216,160 for 622 sqft less living space. Net adjustment: -$216,160.
Adjusted -$139,010 for 400 sqft less living space and -$1,524 for being older. Net adjustment: -$140,534.
Adjusted -$53,519 for 154 sqft less living space and +$9,145 for being newer. Net adjustment: -$44,374.
Adjusted -$283,927 for 817 sqft less living space and -$1,524 for being older. Net adjustment: -$285,451.
The Neighborhood
This home is valued 2.2% below the L451404G - CEDAR PARK TOWNCENTER median of $367,655. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.7% over the past year.
L451404G - CEDAR PARK TOWNCENTER
typicalThis home is -2.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,123 across all districts. With a homestead exemption claimed, that drops to $5,516 — saving $1,607 per year. That's $460 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% | $3,908 |
| Williamson County | County | 0.3694% | $1,328 |
| Cedar Park | City | 0.3600% | $1,294 |
| Austin Community College | special | 0.1034% | $372 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,123 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $252,785 would pay approximately $1,578 per month (principal and interest only, excluding taxes and insurance).