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1502 DISCOVERY BLVD, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

3 bed2 bath1,997 sqftBuilt 2005

Property at a Glance

This home is estimated between $315,394 and $433,973, with a best estimate of $360,841. That places the property below the L451404G - CEDAR PARK TOWNCENTER median of $367,655, in a neighborhood that appreciated 1.7% over the past year.

Estimated Value Range

$315,394 $433,973
Best Estimate
$360,841
WCAD Value
$392,721
High Confidence

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

Based on 5 comparable properties in L451404G - CEDAR PARK TOWNCENTER, this home's estimated market value is between $315,394 and $433,973. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1507 DISCOVERY BLVD, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,817 sqft Built 2004
Raw Value $369,895
Adjusted Value $433,973

Adjusted +$62,554 for 180 sqft more living space and +$1,524 for being newer. Net adjustment: +$64,078.

1511 DISCOVERY BLVD, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,080 sqft Built 2004
Raw Value $388,162
Adjusted Value $360,841

Adjusted -$28,845 for 83 sqft less living space and +$1,524 for being newer. Net adjustment: -$27,321.

1505 DISCOVERY BLVD, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 2,023 sqft Built 2004
Raw Value $396,340
Adjusted Value $388,828

Adjusted -$9,036 for 26 sqft less living space and +$1,524 for being newer. Net adjustment: -$7,512.

1513 DISCOVERY BLVD, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,365 sqft Built 2004
Raw Value $441,759
Adjusted Value $315,394

Adjusted -$127,889 for 368 sqft less living space and +$1,524 for being newer. Net adjustment: -$126,365.

1500 DISCOVERY BLVD, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,342 sqft Built 2005
Raw Value $449,052
Adjusted Value $329,156

Adjusted -$119,896 for 345 sqft less living space. Net adjustment: -$119,896.

The Neighborhood

This home is valued 6.8% above the L451404G - CEDAR PARK TOWNCENTER median of $367,655. With 824 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 1.7% over the past year.

L451404G - CEDAR PARK TOWNCENTER

typical
824 Properties
$367,655 Median Value
+1.7% YoY Change
3% Have Pool
77% Have Garage
This Home
$392,721
Median
$367,655

This home is +6.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,780 across all districts. With a homestead exemption claimed, that drops to $6,168 — saving $1,612 per year. That's $514 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%$4,268
Williamson CountyCounty0.3694%$1,451
Cedar ParkCity0.3600%$1,414
Austin Community Collegespecial0.1034%$406
Williamson County FM/RdCounty0.0443%$174
Upper Brushy Creek WCIDWater0.0170%$67
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$7,780

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $360,841 would pay approximately $2,252 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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