2304 FAIRHILL CV, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $349,345 and $662,419, with a best estimate of $601,396. That places the property above the L252500E - GANN RANCH SEC 3 & 4 median of $507,244, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$601,396
$402,554
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L252500E - GANN RANCH SEC 3 & 4, this home's estimated market value is between $349,345 and $662,419. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$76,417 for 351 sqft more living space. Net adjustment: +$76,417.
Adjusted +$76,417 for 351 sqft more living space. Net adjustment: +$76,417.
Adjusted -$22,642 for 104 sqft less living space. Net adjustment: -$22,642.
Adjusted +$64,661 for 297 sqft more living space. Net adjustment: +$64,661.
Adjusted -$98,406 for 452 sqft less living space. Net adjustment: -$98,406.
The Neighborhood
This home is valued 20.6% below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.3% over the past year.
L252500E - GANN RANCH SEC 3 & 4
below averageThis home is -20.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,975 across all districts. With a homestead exemption claimed, that drops to $6,361 — saving $1,614 per year. That's $530 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% | $4,375 |
| Williamson County | County | 0.3694% | $1,487 |
| Cedar Park | City | 0.3600% | $1,449 |
| Austin Community College | special | 0.1034% | $416 |
| Williamson County FM/Rd | County | 0.0443% | $178 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,975 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $601,396 would pay approximately $3,754 per month (principal and interest only, excluding taxes and insurance).