407 BLUE RIDGE PKWY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $333,283 and $451,134, with a best estimate of $400,562. That places the property above the L375482H - Park Place Sec 1 & 2 median of $372,368, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$400,562
$426,127
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L375482H - Park Place Sec 1 & 2, this home's estimated market value is between $333,283 and $451,134. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$34,929 for 145 sqft more living space and +$48,456 for being newer. Net adjustment: +$83,385.
Adjusted -$38,302 for 159 sqft less living space. Net adjustment: -$38,302.
Adjusted -$51,792 for 215 sqft less living space and +$51,918 for being newer and +$13,028 for having a garage. Net adjustment: +$13,154.
Adjusted +$6,263 for 26 sqft more living space and +$51,918 for being newer. Net adjustment: +$58,181.
Adjusted -$49,142 for 204 sqft less living space and +$3,461 for being newer. Net adjustment: -$45,681.
The Neighborhood
This home is valued 14.4% above the L375482H - Park Place Sec 1 & 2 median of $372,368. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
typicalThis home is +14.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,904 across all districts. With a homestead exemption claimed, that drops to $6,291 — saving $1,613 per year. That's $524 per month a buyer should budget. The assessed value increased +17.5% vs the subdivision average of -1.7%. This above-average increase gives a protest opportunity score of 90 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,336 |
| Williamson County | County | 0.3694% | $1,474 |
| Cedar Park | City | 0.3600% | $1,436 |
| Austin Community College | special | 0.1034% | $413 |
| Williamson County FM/Rd | County | 0.0443% | $177 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,904 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $400,562 would pay approximately $2,500 per month (principal and interest only, excluding taxes and insurance).