507 E PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $271,496 and $766,822, with a best estimate of $288,356. That places the property below the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$288,356
$335,844
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 $271,496 and $766,822 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$36,414 for 187 sqft more living space. Net adjustment: +$36,414.
Adjusted -$10,515 for 54 sqft less living space and -$50,085 for being older. Net adjustment: -$60,600.
Adjusted +$17,720 for 91 sqft more living space and -$60,103 for being older. Net adjustment: -$42,383.
Adjusted +$31,545 for 162 sqft more living space and +$80,137 for being newer. Net adjustment: +$111,682.
Adjusted -$18,499 for 95 sqft less living space and -$55,094 for being older. Net adjustment: -$73,593.
The Neighborhood
This home is valued 9.3% above the L501D74H - Cedar Park Ranchettes #4 median of $307,201. With 123 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
typicalThis home is +9.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,314 across all districts. With a homestead exemption claimed, that drops to $4,716 — saving $1,598 per year. That's $393 per month a buyer should budget. The assessed value increased +15.9% vs the subdivision average of +4.3%. This above-average increase gives a protest opportunity score of 85 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,464 |
| Williamson County | County | 0.3694% | $1,178 |
| Cedar Park | City | 0.3600% | $1,147 |
| Austin Community College | special | 0.1034% | $330 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,314 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $288,356 would pay approximately $1,800 per month (principal and interest only, excluding taxes and insurance).