407 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $-45,482 and $525,408, with a best estimate of $305,780. That places the property below the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$305,780
$409,773
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 $-45,482 and $525,408. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$45,176 for 232 sqft less living space and -$25,043 for being older. Net adjustment: -$70,219.
Adjusted -$122,482 for 629 sqft less living space. Net adjustment: -$122,482.
Adjusted +$49,460 for 254 sqft more living space and -$235,401 for being older. Net adjustment: -$185,941.
Adjusted -$153,054 for 786 sqft less living space and -$145,248 for being older. Net adjustment: -$298,302.
Adjusted -$153,054 for 786 sqft less living space and -$145,248 for being older. Net adjustment: -$298,302.
The Neighborhood
This home is valued 33.4% above the L501D74H - Cedar Park Ranchettes #4 median of $307,201. With 123 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
above averageThis home is +33.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,118 across all districts. With a homestead exemption claimed, that drops to $6,503 — saving $1,615 per year. That's $542 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% | $4,454 |
| Williamson County | County | 0.3694% | $1,514 |
| Cedar Park | City | 0.3600% | $1,475 |
| Austin Community College | special | 0.1034% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $182 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,118 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $305,780 would pay approximately $1,909 per month (principal and interest only, excluding taxes and insurance).