2508 SUMAC LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $223,492 and $462,083, with a best estimate of $306,568. That places the property above 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
$306,568
$254,509
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $223,492 and $462,083. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$115,886 for 609 sqft more living space and +$20,726 for being newer. Net adjustment: +$136,612.
Adjusted -$23,025 for 121 sqft less living space and -$32,569 for being older and -$15,287 for no garage. Net adjustment: -$70,881.
Adjusted +$41,864 for 220 sqft more living space and -$41,452 for being older and -$15,287 for no garage. Net adjustment: -$14,875.
Adjusted +$43,386 for 228 sqft more living space and -$2,961 for being older. Net adjustment: +$40,425.
Adjusted -$28,163 for 148 sqft less living space and +$53,295 for being newer. Net adjustment: +$25,132.
The Neighborhood
This home is in line with the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358. The neighborhood appreciated 21.6% over the past year.
L323D82I - Cedar Park Ranchettes #6 & 6A
typicalThis home is +0.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $5,042 across all districts. With a homestead exemption claimed, that drops to $3,455 — saving $1,587 per year. That's $288 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% | $2,766 |
| Williamson County | County | 0.3694% | $940 |
| Cedar Park | City | 0.3600% | $916 |
| Austin Community College | special | 0.1034% | $263 |
| Williamson County FM/Rd | County | 0.0443% | $113 |
| Upper Brushy Creek WCID | Water | 0.0170% | $43 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,042 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,568 would pay approximately $1,914 per month (principal and interest only, excluding taxes and insurance).