2511 LOU HOLLOW PL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $523,475 and $688,011, with a best estimate of $586,551. That places the property below the L551518B - THREE POINTS median of $724,531, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$586,551
$567,403
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L551518B - THREE POINTS, this home's estimated market value is between $523,475 and $688,011. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$86,243 for 248 sqft less living space. Net adjustment: -$86,243.
Adjusted +$9,042 for 26 sqft more living space and -$4,569 for being older. Net adjustment: +$4,473.
Adjusted -$34,775 for 100 sqft less living space and -$4,569 for being older. Net adjustment: -$39,344.
Adjusted -$124,843 for 359 sqft less living space. Net adjustment: -$124,843.
Adjusted -$67,116 for 193 sqft less living space and -$4,569 for being older. Net adjustment: -$71,685.
The Neighborhood
This home is valued 21.7% below the L551518B - THREE POINTS median of $724,531. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L551518B - THREE POINTS
below averageThis home is -21.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,241 across all districts. With a homestead exemption claimed, that drops to $9,594 — saving $1,647 per year. That's $800 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% | $6,167 |
| Williamson County | County | 0.3694% | $2,096 |
| Cedar Park | City | 0.3600% | $2,043 |
| Austin Community College | special | 0.1034% | $587 |
| Williamson County FM/Rd | County | 0.0443% | $252 |
| Upper Brushy Creek WCID | Water | 0.0170% | $96 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,241 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $586,551 would pay approximately $3,661 per month (principal and interest only, excluding taxes and insurance).