2516 MIDNIGHT STAR DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $373,977 and $751,188, with a best estimate of $731,729. That places the property above the L521405G - SILVERADO WEST PHS B median of $480,558, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$731,729
$725,266
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L521405G - SILVERADO WEST PHS B, this home's estimated market value is between $373,977 and $751,188. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$63,781 for 200 sqft more living space. Net adjustment: +$63,781.
Adjusted +$43,690 for 137 sqft more living space and -$12,836 for being older. Net adjustment: +$30,854.
Adjusted +$80,045 for 251 sqft more living space. Net adjustment: +$80,045.
Adjusted -$68,564 for 215 sqft less living space and -$12,836 for being older. Net adjustment: -$81,400.
Adjusted +$16,902 for 53 sqft more living space and -$12,836 for being older. Net adjustment: +$4,066.
The Neighborhood
This home is valued 50.9% above the L521405G - SILVERADO WEST PHS B median of $480,558. With 783 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L521405G - SILVERADO WEST PHS B
outlier highThis home is +50.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,368 across all districts. With a homestead exemption claimed, that drops to $12,686 — saving $1,682 per year. That's $1,057 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% | $7,883 |
| Williamson County | County | 0.3694% | $2,679 |
| Cedar Park | City | 0.3600% | $2,611 |
| Austin Community College | special | 0.1034% | $750 |
| Williamson County FM/Rd | County | 0.0443% | $322 |
| Upper Brushy Creek WCID | Water | 0.0170% | $123 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,368 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $731,729 would pay approximately $4,567 per month (principal and interest only, excluding taxes and insurance).