222 NEW HOPE RD E, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $-233,957 and $280,665, with a best estimate of $78,910. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$78,910
$161,563
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 $-233,957 and $280,665. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$117,555 for 360 sqft less living space and -$103,326 for being older. Net adjustment: -$220,881.
Adjusted -$326,867 for 1,001 sqft less living space and -$130,517 for being older. Net adjustment: -$457,384.
Adjusted -$221,395 for 678 sqft less living space and -$108,764 for being older. Net adjustment: -$330,159.
Adjusted -$236,415 for 724 sqft less living space and +$114,202 for being newer. Net adjustment: -$122,213.
Adjusted -$118,861 for 364 sqft less living space and -$135,955 for being older. Net adjustment: -$254,816.
The Neighborhood
This home is valued 78.6% below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
outlier lowThis home is -78.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,201 across all districts. With a homestead exemption claimed, that drops to $1,631 — saving $1,570 per year. That's $136 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% | $1,756 |
| Williamson County | County | 0.3694% | $597 |
| Cedar Park | City | 0.3600% | $582 |
| Austin Community College | special | 0.1034% | $167 |
| Williamson County FM/Rd | County | 0.0443% | $72 |
| Upper Brushy Creek WCID | Water | 0.0170% | $27 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $3,201 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $78,910 would pay approximately $493 per month (principal and interest only, excluding taxes and insurance).