305 BLUE RIDGE PKWY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $400,733 and $518,584, with a best estimate of $468,012. That places the property above 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
$468,012
$384,473
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 $400,733 and $518,584. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$102,379 for 425 sqft more living space and +$48,456 for being newer. Net adjustment: +$150,835.
Adjusted +$29,148 for 121 sqft more living space. Net adjustment: +$29,148.
Adjusted +$15,658 for 65 sqft more living space and +$51,918 for being newer and +$13,028 for having a garage. Net adjustment: +$80,604.
Adjusted +$73,713 for 306 sqft more living space and +$51,918 for being newer. Net adjustment: +$125,631.
Adjusted +$18,308 for 76 sqft more living space and +$3,461 for being newer. Net adjustment: +$21,769.
The Neighborhood
This home is valued 3.3% above the L375482H - Park Place Sec 1 & 2 median of $372,368. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
typicalThis home is +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,617 across all districts. With a homestead exemption claimed, that drops to $6,006 — saving $1,611 per year. That's $501 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% | $4,179 |
| Williamson County | County | 0.3694% | $1,420 |
| Cedar Park | City | 0.3600% | $1,384 |
| Austin Community College | special | 0.1034% | $398 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,617 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $468,012 would pay approximately $2,921 per month (principal and interest only, excluding taxes and insurance).