407 BLUE RIDGE PKWY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $275,102 and $392,953, with a best estimate of $371,541. That places the property below the L375482H - Park Place Sec 1 & 2 median of $372,368, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$371,541
$342,381
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L375482H - Park Place Sec 1 & 2, this home's estimated market value is between $275,102 and $392,953. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$28,666 for 119 sqft more living space and -$3,461 for being older. Net adjustment: +$25,205.
Adjusted +$58,537 for 243 sqft more living space and -$3,461 for being older. Net adjustment: +$55,076.
Adjusted -$44,565 for 185 sqft less living space and -$51,918 for being older. Net adjustment: -$96,483.
Adjusted -$58,055 for 241 sqft less living space and +$13,028 for having a garage. Net adjustment: -$45,027.
Adjusted -$55,405 for 230 sqft less living space and -$48,456 for being older. Net adjustment: -$103,861.
The Neighborhood
This home is valued 8.1% below the L375482H - Park Place Sec 1 & 2 median of $372,368. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
typicalThis home is -8.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,783 across all districts. With a homestead exemption claimed, that drops to $5,180 — saving $1,603 per year. That's $432 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% | $3,721 |
| Williamson County | County | 0.3694% | $1,265 |
| Cedar Park | City | 0.3600% | $1,233 |
| Austin Community College | special | 0.1034% | $354 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,783 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $371,541 would pay approximately $2,319 per month (principal and interest only, excluding taxes and insurance).