2602 SUMAC LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $171,278 and $269,072, with a best estimate of $222,038. That places the property below the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358, in a neighborhood that appreciated 21.6% over the past year.
Estimated Value Range
$222,038
$270,564
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L323D82I - Cedar Park Ranchettes #6 & 6A, this home's estimated market value is between $171,278 and $269,072. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$66,982 for 352 sqft less living space and +$8,882 for being newer. Net adjustment: -$58,100.
Adjusted +$2,664 for 14 sqft more living space and -$2,961 for being older and -$15,287 for no garage. Net adjustment: -$15,584.
Adjusted -$38,819 for 204 sqft less living space and -$44,412 for being older. Net adjustment: -$83,231.
Adjusted +$1,332 for 7 sqft more living space and -$71,060 for being older and -$15,287 for no garage. Net adjustment: -$85,015.
Adjusted +$77,067 for 405 sqft more living space and -$23,687 for being older. Net adjustment: +$53,380.
The Neighborhood
This home is valued 6.4% above the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358. With 86 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 21.6% over the past year.
L323D82I - Cedar Park Ranchettes #6 & 6A
typicalThis home is +6.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,360 across all districts. With a homestead exemption claimed, that drops to $3,770 — saving $1,590 per year. That's $314 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% | $2,941 |
| Williamson County | County | 0.3694% | $1,000 |
| Cedar Park | City | 0.3600% | $974 |
| Austin Community College | special | 0.1034% | $280 |
| Williamson County FM/Rd | County | 0.0443% | $120 |
| Upper Brushy Creek WCID | Water | 0.0170% | $46 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,360 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $222,038 would pay approximately $1,386 per month (principal and interest only, excluding taxes and insurance).