502 BUFFALO AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $516,660 and $904,250, with a best estimate of $642,492. That places the property above the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$642,492
$115,314
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L501D74H - Cedar Park Ranchettes #4. The estimated range of $516,660 and $904,250 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$3,310 for 17 sqft more living space and +$95,162 for being newer. Net adjustment: +$98,472.
Adjusted +$39,724 for 204 sqft more living space and +$65,111 for being newer. Net adjustment: +$104,835.
Adjusted -$28,625 for 147 sqft less living space and +$85,145 for being newer. Net adjustment: +$56,520.
Adjusted +$43,034 for 221 sqft more living space and +$90,154 for being newer. Net adjustment: +$133,188.
Adjusted +$19,278 for 99 sqft more living space and +$130,222 for being newer. Net adjustment: +$149,500.
The Neighborhood
This home is valued 62.5% below the L501D74H - Cedar Park Ranchettes #4 median of $307,201. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
outlier lowThis home is -62.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,284 across all districts. With a homestead exemption claimed, that drops to $992 — saving $1,292 per year. That's $83 per month a buyer should budget. The assessed value increased +80.2% vs the subdivision average of +4.3%. This above-average increase gives a protest opportunity score of 95 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $1,253 |
| Williamson County | County | 0.3694% | $426 |
| Cedar Park | City | 0.3600% | $415 |
| Austin Community College | special | 0.1034% | $119 |
| Williamson County FM/Rd | County | 0.0443% | $51 |
| Upper Brushy Creek WCID | Water | 0.0170% | $20 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $2,284 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $642,492 would pay approximately $4,010 per month (principal and interest only, excluding taxes and insurance).