2304 NEW HOPE SPUR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $330,585 and $477,729, with a best estimate of $347,774. That places the property below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$347,774
$401,220
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L252500E - GANN RANCH SEC 3 & 4. The estimated range of $330,585 and $477,729 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$871 for 4 sqft more living space and -$13,983 for being older. Net adjustment: -$13,112.
Adjusted +$38,535 for 177 sqft more living space and -$15,628 for being older. Net adjustment: +$22,907.
Adjusted +$47,244 for 217 sqft more living space and -$16,451 for being older. Net adjustment: +$30,793.
Adjusted +$34,399 for 158 sqft more living space and -$18,918 for being older. Net adjustment: +$15,481.
Adjusted +$50,292 for 231 sqft more living space and -$17,273 for being older. Net adjustment: +$33,019.
The Neighborhood
This home is valued 20.9% below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.3% over the past year.
L252500E - GANN RANCH SEC 3 & 4
below averageThis home is -20.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,948 across all districts. With a homestead exemption claimed, that drops to $6,335 — saving $1,613 per year. That's $528 per month a buyer should budget. The assessed value increased +3.2% vs the subdivision average of -6.3%. This above-average increase gives a protest opportunity score of 48 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,361 |
| Williamson County | County | 0.3694% | $1,482 |
| Cedar Park | City | 0.3600% | $1,444 |
| Austin Community College | special | 0.1034% | $415 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,948 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $347,774 would pay approximately $2,171 per month (principal and interest only, excluding taxes and insurance).