1506 LURAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $255,805 and $410,228, with a best estimate of $319,510. That places the property below the L360479H - Shenandoah - All Sections median of $352,063, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$319,510
$301,505
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $255,805 and $410,228. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$48,057 for 194 sqft less living space and -$4,885 for being older. Net adjustment: -$52,942.
Adjusted +$34,432 for 139 sqft more living space and -$4,885 for being older. Net adjustment: +$29,547.
Adjusted -$35,671 for 144 sqft less living space. Net adjustment: -$35,671.
Adjusted -$248 for 1 sqft less living space and +$39,080 for being newer and -$23,218 for no pool. Net adjustment: +$15,614.
Adjusted +$39,387 for 159 sqft more living space and -$68,391 for being older. Net adjustment: -$29,004.
The Neighborhood
This home is valued 14.4% below the L360479H - Shenandoah - All Sections median of $352,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
typicalThis home is -14.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,162 across all districts. With a homestead exemption claimed, that drops to $3,584 — saving $1,578 per year. That's $299 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% | $3,277 |
| Williamson County | County | 0.3694% | $1,114 |
| Austin Community College | special | 0.1034% | $312 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $274 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $5,162 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $319,510 would pay approximately $1,994 per month (principal and interest only, excluding taxes and insurance).