2502 PETERSON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $346,936 and $835,083, with a best estimate of $745,870. That places the property above the L521405G - SILVERADO WEST PHS B median of $480,558, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$745,870
$737,449
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L521405G - SILVERADO WEST PHS B, this home's estimated market value is between $346,936 and $835,083. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$71,115 for 223 sqft more living space. Net adjustment: +$71,115.
Adjusted +$50,706 for 159 sqft more living space. Net adjustment: +$50,706.
Adjusted +$42,414 for 133 sqft more living space and +$38,509 for being newer. Net adjustment: +$80,923.
Adjusted -$957 for 3 sqft less living space and +$12,836 for being newer. Net adjustment: +$11,879.
Adjusted -$125,010 for 392 sqft less living space. Net adjustment: -$125,010.
The Neighborhood
This home is valued 53.5% above the L521405G - SILVERADO WEST PHS B median of $480,558. With 783 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L521405G - SILVERADO WEST PHS B
outlier highThis home is +53.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,609 across all districts. With a homestead exemption claimed, that drops to $12,925 — saving $1,684 per year. That's $1,077 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% | $8,015 |
| Williamson County | County | 0.3694% | $2,724 |
| Cedar Park | City | 0.3600% | $2,655 |
| Austin Community College | special | 0.1034% | $763 |
| Williamson County FM/Rd | County | 0.0443% | $327 |
| Upper Brushy Creek WCID | Water | 0.0170% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,609 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $745,870 would pay approximately $4,656 per month (principal and interest only, excluding taxes and insurance).