1508 LURAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $123,006 and $312,413, with a best estimate of $283,134. That places the property below the L360479H - Shenandoah - All Sections median of $352,063, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$283,134
$322,054
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L360479H - Shenandoah - All Sections, this home's estimated market value is between $123,006 and $312,413. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$3,963 for 16 sqft less living space and +$24,425 for being newer and -$23,218 for no pool. Net adjustment: -$2,756.
Adjusted -$33,937 for 137 sqft less living space and -$19,540 for being older. Net adjustment: -$53,477.
Adjusted +$18,826 for 76 sqft more living space and +$24,425 for being newer. Net adjustment: +$43,251.
Adjusted -$3,716 for 15 sqft less living space and -$14,655 for being older. Net adjustment: -$18,371.
Adjusted -$299,239 for 1,208 sqft less living space and -$19,540 for being older and -$23,218 for no pool. Net adjustment: -$341,997.
The Neighborhood
This home is valued 8.5% below the L360479H - Shenandoah - All Sections median of $352,063. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
typicalThis home is -8.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,513 across all districts. With a homestead exemption claimed, that drops to $3,932 — saving $1,581 per year. That's $328 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% | $3,500 |
| Williamson County | County | 0.3694% | $1,190 |
| Austin Community College | special | 0.1034% | $333 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $293 |
| Williamson County FM/Rd | County | 0.0443% | $143 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $5,513 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $283,134 would pay approximately $1,767 per month (principal and interest only, excluding taxes and insurance).