405 BLUE RIDGE PKWY S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $274,228 and $392,078, with a best estimate of $370,666. 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
$370,666
$340,446
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 $274,228 and $392,078. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$24,330 for 101 sqft more living space. Net adjustment: +$24,330.
Adjusted +$54,201 for 225 sqft more living space. Net adjustment: +$54,201.
Adjusted -$48,901 for 203 sqft less living space and -$48,456 for being older. Net adjustment: -$97,357.
Adjusted -$62,391 for 259 sqft less living space and +$3,461 for being newer and +$13,028 for having a garage. Net adjustment: -$45,902.
Adjusted -$4,336 for 18 sqft less living space and +$3,461 for being newer. Net adjustment: -$875.
The Neighborhood
This home is valued 8.6% 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
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,744 across all districts. With a homestead exemption claimed, that drops to $5,142 — saving $1,602 per year. That's $429 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% | $3,700 |
| Williamson County | County | 0.3694% | $1,258 |
| Cedar Park | City | 0.3600% | $1,226 |
| Austin Community College | special | 0.1034% | $352 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,744 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $370,666 would pay approximately $2,314 per month (principal and interest only, excluding taxes and insurance).