1516 SHENANDOAH DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $242,926 and $367,987, with a best estimate of $253,671. 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
$253,671
$419,439
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $242,926 and $367,987. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$83,728 for 338 sqft less living space and +$48,850 for being newer. Net adjustment: -$34,878.
Adjusted -$29,726 for 120 sqft less living space and +$4,885 for being newer. Net adjustment: -$24,841.
Adjusted -$113,453 for 458 sqft less living space and +$4,885 for being newer. Net adjustment: -$108,568.
Adjusted +$7,431 for 30 sqft more living space and -$68,391 for being older. Net adjustment: -$60,960.
Adjusted +$17,092 for 69 sqft more living space and -$68,391 for being older. Net adjustment: -$51,299.
The Neighborhood
This home is valued 19.1% above the L360479H - Shenandoah - All Sections median of $352,063. With 442 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
above averageThis home is +19.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,181 across all districts. With a homestead exemption claimed, that drops to $5,582 — saving $1,599 per year. That's $465 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% | $4,559 |
| Williamson County | County | 0.3694% | $1,550 |
| Austin Community College | special | 0.1034% | $434 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $381 |
| Williamson County FM/Rd | County | 0.0443% | $186 |
| Upper Brushy Creek WCID | Water | 0.0170% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $7,181 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $253,671 would pay approximately $1,583 per month (principal and interest only, excluding taxes and insurance).