1505 COLORADO BEND DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $390,498 and $564,765, with a best estimate of $426,123. That places the property above the L451404G - CEDAR PARK TOWNCENTER median of $367,655, in a neighborhood that appreciated 1.7% over the past year.
Estimated Value Range
$426,123
$371,935
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $390,498 and $564,765. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$46,221 for 133 sqft less living space and +$7,621 for being newer and +$10,329 for having a pool. Net adjustment: -$28,271.
Adjusted +$162,641 for 468 sqft more living space and -$1,524 for being older and +$10,329 for having a pool. Net adjustment: +$171,446.
Adjusted +$17,724 for 51 sqft more living space and -$1,524 for being older and +$10,329 for having a pool. Net adjustment: +$26,529.
Adjusted +$7,646 for 22 sqft more living space and -$1,524 for being older and +$10,329 for having a pool. Net adjustment: +$16,451.
Adjusted -$32,320 for 93 sqft less living space and +$6,097 for being newer and +$10,329 for having a pool. Net adjustment: -$15,894.
The Neighborhood
This home is valued 1.2% above the L451404G - CEDAR PARK TOWNCENTER median of $367,655. With 824 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 1.7% over the past year.
L451404G - CEDAR PARK TOWNCENTER
typicalThis home is +1.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,368 across all districts. With a homestead exemption claimed, that drops to $5,760 — saving $1,608 per year. That's $480 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% | $4,043 |
| Williamson County | County | 0.3694% | $1,374 |
| Cedar Park | City | 0.3600% | $1,339 |
| Austin Community College | special | 0.1034% | $385 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,368 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $426,123 would pay approximately $2,660 per month (principal and interest only, excluding taxes and insurance).