2302 JOHN TEE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $254,775 and $377,651, with a best estimate of $277,689. That places the property below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$277,689
$446,154
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 $254,775 and $377,651. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$118,817 for 440 sqft less living space and +$3,543 for being newer. Net adjustment: -$115,274.
Adjusted -$122,058 for 452 sqft less living space. Net adjustment: -$122,058.
Adjusted -$13,502 for 50 sqft less living space and -$17,714 for being older. Net adjustment: -$31,216.
Adjusted +$37,805 for 140 sqft more living space and +$3,543 for being newer. Net adjustment: +$41,348.
Adjusted -$99,104 for 367 sqft less living space. Net adjustment: -$99,104.
The Neighborhood
This home is valued 10.4% above the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. With 434 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is +10.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,839 across all districts. With a homestead exemption claimed, that drops to $7,217 — saving $1,622 per year. That's $601 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% | $4,849 |
| Williamson County | County | 0.3694% | $1,648 |
| Cedar Park | City | 0.3600% | $1,606 |
| Austin Community College | special | 0.1034% | $461 |
| Williamson County FM/Rd | County | 0.0443% | $198 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,839 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $277,689 would pay approximately $1,733 per month (principal and interest only, excluding taxes and insurance).