306 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $267,737 and $433,415, with a best estimate of $408,835. That places the property above the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$408,835
$223,624
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L501D74H - Cedar Park Ranchettes #4, this home's estimated market value is between $267,737 and $433,415. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$17,331 for 89 sqft less living space and +$150,256 for being newer. Net adjustment: +$132,925.
Adjusted -$3,116 for 16 sqft less living space and +$50,085 for being newer. Net adjustment: +$46,969.
Adjusted +$7,400 for 38 sqft more living space and +$50,085 for being newer. Net adjustment: +$57,485.
Adjusted +$8,957 for 46 sqft more living space and -$20,034 for being older. Net adjustment: -$11,077.
Adjusted -$7,984 for 41 sqft less living space and +$25,043 for being newer. Net adjustment: +$17,059.
The Neighborhood
This home is valued 27.2% below the L501D74H - Cedar Park Ranchettes #4 median of $307,201. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
below averageThis home is -27.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,430 across all districts. With a homestead exemption claimed, that drops to $2,849 — saving $1,581 per year. That's $237 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% | $2,431 |
| Williamson County | County | 0.3694% | $826 |
| Cedar Park | City | 0.3600% | $805 |
| Austin Community College | special | 0.1034% | $231 |
| Williamson County FM/Rd | County | 0.0443% | $99 |
| Upper Brushy Creek WCID | Water | 0.0170% | $38 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,430 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $408,835 would pay approximately $2,552 per month (principal and interest only, excluding taxes and insurance).