1505 CEDRUS RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $323,610 and $467,637, with a best estimate of $361,535. That places the property below the L204415C - CEDAR GROVE median of $386,318, in a neighborhood that declined 1.0% over the past year.
Estimated Value Range
$361,535
$361,475
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L204415C - CEDAR GROVE, this home's estimated market value is between $323,610 and $467,637. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$59,854 for 244 sqft less living space. Net adjustment: -$59,854.
Adjusted +$20,851 for 85 sqft more living space. Net adjustment: +$20,851.
Adjusted -$59,609 for 243 sqft less living space. Net adjustment: -$59,609.
Adjusted -$43,909 for 179 sqft less living space. Net adjustment: -$43,909.
Adjusted +$21,832 for 89 sqft more living space. Net adjustment: +$21,832.
The Neighborhood
This home is valued 6.4% below the L204415C - CEDAR GROVE median of $386,318. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.0% over the past year.
L204415C - CEDAR GROVE
typicalThis home is -6.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,161 across all districts. With a homestead exemption claimed, that drops to $5,555 — saving $1,606 per year. That's $463 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% | $3,929 |
| Williamson County | County | 0.3694% | $1,335 |
| Cedar Park | City | 0.3600% | $1,301 |
| Austin Community College | special | 0.1034% | $374 |
| Williamson County FM/Rd | County | 0.0443% | $160 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,161 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,535 would pay approximately $2,257 per month (principal and interest only, excluding taxes and insurance).