503 MOUNT RUSHMORE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $315,171 and $329,713, with a best estimate of $322,634. That places the property below the L375482H - Park Place Sec 1 & 2 median of $372,368, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$322,634
$302,101
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L375482H - Park Place Sec 1 & 2, this home's estimated market value is between $315,171 and $329,713. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$33,002 for 137 sqft more living space and -$13,845 for being older and -$13,028 for no garage. Net adjustment: +$6,129.
Adjusted +$37,097 for 154 sqft more living space and -$13,028 for no garage. Net adjustment: +$24,069.
Adjusted +$53,960 for 224 sqft more living space and -$13,028 for no garage. Net adjustment: +$40,932.
Adjusted +$8,913 for 37 sqft more living space and -$13,845 for being older and -$13,028 for no garage. Net adjustment: -$17,960.
Adjusted +$37,097 for 154 sqft more living space and -$13,028 for no garage. Net adjustment: +$24,069.
The Neighborhood
This home is valued 18.9% below the L375482H - Park Place Sec 1 & 2 median of $372,368. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
below averageThis home is -18.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,985 across all districts. With a homestead exemption claimed, that drops to $4,389 — saving $1,596 per year. That's $366 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% | $3,284 |
| Williamson County | County | 0.3694% | $1,116 |
| Cedar Park | City | 0.3600% | $1,088 |
| Austin Community College | special | 0.1034% | $312 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,985 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $322,634 would pay approximately $2,014 per month (principal and interest only, excluding taxes and insurance).