505 TYREE RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $232,482 and $661,400, with a best estimate of $631,948. That places the property above the L521405G - SILVERADO WEST PHS B median of $480,558, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$631,948
$401,759
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L521405G - SILVERADO WEST PHS B, this home's estimated market value is between $232,482 and $661,400. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$57,403 for 180 sqft more living space. Net adjustment: +$57,403.
Adjusted +$1,276 for 4 sqft more living space. Net adjustment: +$1,276.
Adjusted +$157,538 for 494 sqft more living space and -$12,836 for being older. Net adjustment: +$144,702.
Adjusted -$231,523 for 726 sqft less living space. Net adjustment: -$231,523.
Adjusted -$37,631 for 118 sqft less living space. Net adjustment: -$37,631.
The Neighborhood
This home is valued 16.4% below the L521405G - SILVERADO WEST PHS B median of $480,558. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L521405G - SILVERADO WEST PHS B
below averageThis home is -16.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,959 across all districts. With a homestead exemption claimed, that drops to $6,345 — saving $1,614 per year. That's $529 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% | $4,367 |
| Williamson County | County | 0.3694% | $1,484 |
| Cedar Park | City | 0.3600% | $1,446 |
| 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% | $7,959 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $631,948 would pay approximately $3,945 per month (principal and interest only, excluding taxes and insurance).