502 MT RUSHMORE DR S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $237,153 and $372,570, with a best estimate of $292,840. That places the property below 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
$292,840
$298,135
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 $237,153 and $372,570. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$29,630 for 123 sqft less living space and +$3,461 for being newer. Net adjustment: -$26,169.
Adjusted -$25,535 for 106 sqft less living space and +$17,306 for being newer. Net adjustment: -$8,229.
Adjusted -$8,672 for 36 sqft less living space and +$17,306 for being newer. Net adjustment: +$8,634.
Adjusted -$16,862 for 70 sqft less living space and +$13,028 for having a garage. Net adjustment: -$3,834.
Adjusted -$98,284 for 408 sqft less living space and -$31,151 for being older. Net adjustment: -$129,435.
The Neighborhood
This home is valued 19.9% below the L375482H - Park Place Sec 1 & 2 median of $372,368. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
below averageThis home is -19.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,906 across all districts. With a homestead exemption claimed, that drops to $4,312 — saving $1,594 per year. That's $359 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% | $3,240 |
| Williamson County | County | 0.3694% | $1,101 |
| Cedar Park | City | 0.3600% | $1,073 |
| Austin Community College | special | 0.1034% | $308 |
| Williamson County FM/Rd | County | 0.0443% | $132 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,906 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $292,840 would pay approximately $1,828 per month (principal and interest only, excluding taxes and insurance).