2306 JOHN TEE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $300,142 and $415,494, with a best estimate of $312,131. That places the property below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$312,131
$348,610
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L256500F - HERITAGE PARK SEC 2,3,4, this home's estimated market value is between $300,142 and $415,494. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$73,451 for 272 sqft less living space and +$3,543 for being newer. Net adjustment: -$69,908.
Adjusted -$76,691 for 284 sqft less living space. Net adjustment: -$76,691.
Adjusted +$83,172 for 308 sqft more living space and +$3,543 for being newer. Net adjustment: +$86,715.
Adjusted -$53,738 for 199 sqft less living space. Net adjustment: -$53,738.
Adjusted -$76,691 for 284 sqft less living space. Net adjustment: -$76,691.
The Neighborhood
This home is valued 13.7% below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is -13.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,906 across all districts. With a homestead exemption claimed, that drops to $5,302 — saving $1,604 per year. That's $442 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% | $3,789 |
| Williamson County | County | 0.3694% | $1,288 |
| Cedar Park | City | 0.3600% | $1,255 |
| Austin Community College | special | 0.1034% | $360 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,906 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $312,131 would pay approximately $1,948 per month (principal and interest only, excluding taxes and insurance).