1321 NEW HOPE DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $1,497,516 and $2,250,929, with a best estimate of $1,699,405. That places the property above the L50PR - Single Family Conversion-leander/cedar Park median of $1,216,245, in a neighborhood that appreciated 49.8% over the past year.
Estimated Value Range
$1,699,405
$3,072,816
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L50PR - Single Family Conversion-leander/cedar Park. The estimated range of $1,497,516 and $2,250,929 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$663,803 for 847 sqft more living space and -$75,331 for being older. Net adjustment: +$588,472.
Adjusted +$1,198,294 for 1,529 sqft more living space. Net adjustment: +$1,198,294.
Adjusted +$1,787,645 for 2,281 sqft more living space and +$116,420 for being newer and -$8,992 for no garage. Net adjustment: +$1,895,073.
Adjusted +$1,333,876 for 1,702 sqft more living space and +$13,696 for being newer and -$8,992 for no garage. Net adjustment: +$1,338,580.
Adjusted +$1,743,757 for 2,225 sqft more living space and -$8,992 for no garage. Net adjustment: +$1,734,765.
The Neighborhood
This home is valued 152.6% above the L50PR - Single Family Conversion-leander/cedar Park median of $1,216,245. With 17 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 49.8% over the past year.
L50PR - Single Family Conversion-leander/cedar Park
outlier highThis home is +152.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $60,875 across all districts. With a homestead exemption claimed, that drops to $58,675 — saving $2,200 per year. That's $4,890 per month a buyer should budget. The assessed value increased +34.0% vs the subdivision average of +49.8%. This increase gives a protest opportunity score of 50 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $33,398 |
| Williamson County | County | 0.3694% | $11,352 |
| Cedar Park | City | 0.3600% | $11,062 |
| Austin Community College | special | 0.1034% | $3,177 |
| Williamson County FM/Rd | County | 0.0443% | $1,362 |
| Upper Brushy Creek WCID | Water | 0.0170% | $522 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $60,875 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,699,405 would pay approximately $10,608 per month (principal and interest only, excluding taxes and insurance).