2002 LOBELIA DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $189,406 and $508,943, with a best estimate of $306,184. That places the property below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$306,184
$446,865
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn. The estimated range of $189,406 and $508,943 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$19,161 for 66 sqft more living space and +$13,447 for being newer. Net adjustment: +$32,608.
Adjusted -$50,515 for 174 sqft less living space and -$13,447 for being older. Net adjustment: -$63,962.
Adjusted -$21,484 for 74 sqft less living space and -$8,965 for being older. Net adjustment: -$30,449.
Adjusted -$32,806 for 113 sqft less living space and +$8,965 for being newer. Net adjustment: -$23,841.
Adjusted -$28,741 for 99 sqft less living space and -$13,447 for being older. Net adjustment: -$42,188.
The Neighborhood
This home is valued 18.7% above the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. With 909 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
above averageThis home is +18.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,466 across all districts. With a homestead exemption claimed, that drops to $6,862 — saving $1,604 per year. That's $572 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% | $4,857 |
| Williamson County | County | 0.3694% | $1,651 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,222 |
| Austin Community College | special | 0.1034% | $462 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $8,466 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,184 would pay approximately $1,911 per month (principal and interest only, excluding taxes and insurance).