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402 MUSTANG AVE S, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

3 bed2 bath1,329 sqftBuilt 1975

Property at a Glance

This home is estimated between $138,264 and $264,032, with a best estimate of $221,593. 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

$138,264 $264,032
Best Estimate
$221,593
WCAD Value
$283,355
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L501D74H - Cedar Park Ranchettes #4, this home's estimated market value is between $138,264 and $264,032. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

307 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
2 bed 2 bath 1,824 sqft Built 1975
Raw Value $234,653
Adjusted Value $138,264

Adjusted -$96,389 for 495 sqft less living space. Net adjustment: -$96,389.

601 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,472 sqft Built 1975
Raw Value $291,878
Adjusted Value $264,032

Adjusted -$27,846 for 143 sqft less living space. Net adjustment: -$27,846.

508 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,595 sqft Built 1970
Raw Value $248,347
Adjusted Value $221,593

Adjusted -$51,797 for 266 sqft less living space and +$25,043 for being newer. Net adjustment: -$26,754.

104 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 1 bath 1,304 sqft Built 1970
Raw Value $220,768
Adjusted Value $250,679

Adjusted +$4,868 for 25 sqft more living space and +$25,043 for being newer. Net adjustment: +$29,911.

404 MUSTANG AVE S, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2,029 sqft Built 1975
Raw Value $315,688
Adjusted Value $179,380

Adjusted -$136,308 for 700 sqft less living space. Net adjustment: -$136,308.

The Neighborhood

This home is valued 7.8% 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

typical
123 Properties
$307,201 Median Value
+4.3% YoY Change
4% Have Pool
35% Have Garage
This Home
$283,355
Median
$307,201

This home is -7.8% below the subdivision median.

Tax Analysis

The estimated annual property tax is $5,613 across all districts. With a homestead exemption claimed, that drops to $4,021 — saving $1,592 per year. That's $335 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$3,080
Williamson CountyCounty0.3694%$1,047
Cedar ParkCity0.3600%$1,020
Austin Community Collegespecial0.1034%$293
Williamson County FM/RdCounty0.0443%$126
Upper Brushy Creek WCIDWater0.0170%$48
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$5,613

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $221,593 would pay approximately $1,383 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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