511 SPANISH MUSTANG DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $456,130 and $865,020, with a best estimate of $529,293. That places the property below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$529,293
$566,768
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L543514A - Ranch at Brushy Creek - Section 8A, this home's estimated market value is between $456,130 and $865,020. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$43,467 for 115 sqft less living space and +$11,306 for being newer. Net adjustment: -$32,161.
Adjusted +$86,178 for 228 sqft more living space and +$11,306 for being newer. Net adjustment: +$97,484.
Adjusted -$169,332 for 448 sqft less living space and +$11,306 for being newer. Net adjustment: -$158,026.
Adjusted -$238,502 for 631 sqft less living space and +$11,306 for being newer. Net adjustment: -$227,196.
Adjusted -$100,163 for 265 sqft less living space and +$11,306 for being newer. Net adjustment: -$88,857.
The Neighborhood
This home is valued 26.3% below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L543514A - Ranch at Brushy Creek - Section 8A
below averageThis home is -26.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,130 across all districts. With a homestead exemption claimed, that drops to $8,754 — saving $1,376 per year. That's $730 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 |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $5,062 |
| Williamson County | County | 0.3694% | $2,094 |
| Cedar Park | City | 0.3600% | $2,040 |
| Austin Community College | special | 0.1034% | $586 |
| Williamson County FM/Rd | County | 0.0443% | $251 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $10,130 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $529,293 would pay approximately $3,304 per month (principal and interest only, excluding taxes and insurance).