2404 NEW HOPE SPUR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $373,819 and $447,133, with a best estimate of $436,210. That places the property above the L251496F - GANN RANCH SEC 1 & 2 median of $355,028, in a neighborhood that declined 3.4% over the past year.
Estimated Value Range
$436,210
$490,841
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $373,819 and $447,133. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$60,160 for 261 sqft more living space and +$50,020 for being newer. Net adjustment: +$110,180.
Adjusted +$39,876 for 173 sqft more living space and +$18,757 for being newer. Net adjustment: +$58,633.
Adjusted +$98,423 for 427 sqft more living space and +$25,010 for being newer. Net adjustment: +$123,433.
Adjusted +$104,647 for 454 sqft more living space and +$31,262 for being newer. Net adjustment: +$135,909.
Adjusted +$116,402 for 505 sqft more living space and +$31,262 for being newer. Net adjustment: +$147,664.
The Neighborhood
This home is valued 38.3% above the L251496F - GANN RANCH SEC 1 & 2 median of $355,028. With 369 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.4% over the past year.
L251496F - GANN RANCH SEC 1 & 2
above averageThis home is +38.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,724 across all districts. With a homestead exemption claimed, that drops to $8,094 — saving $1,630 per year. That's $675 per month a buyer should budget. The assessed value increased +2.9% vs the subdivision average of -3.4%. This above-average increase gives a protest opportunity score of 32 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,335 |
| Williamson County | County | 0.3694% | $1,813 |
| Cedar Park | City | 0.3600% | $1,767 |
| Austin Community College | special | 0.1034% | $508 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,724 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $436,210 would pay approximately $2,723 per month (principal and interest only, excluding taxes and insurance).