2504 PETERSON DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $666,334 and $763,968, with a best estimate of $700,220. 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
$700,220
$630,017
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 $666,334 and $763,968. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$20,410 for 64 sqft less living space. Net adjustment: -$20,410.
Adjusted -$71,115 for 223 sqft less living space. Net adjustment: -$71,115.
Adjusted -$67,926 for 213 sqft less living space. Net adjustment: -$67,926.
Adjusted -$28,701 for 90 sqft less living space and +$38,509 for being newer. Net adjustment: +$9,808.
Adjusted -$82,596 for 259 sqft less living space. Net adjustment: -$82,596.
The Neighborhood
This home is valued 31.1% 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
above averageThis home is +31.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,481 across all districts. With a homestead exemption claimed, that drops to $10,820 — saving $1,661 per year. That's $902 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% | $6,848 |
| Williamson County | County | 0.3694% | $2,328 |
| Cedar Park | City | 0.3600% | $2,268 |
| Austin Community College | special | 0.1034% | $651 |
| Williamson County FM/Rd | County | 0.0443% | $279 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,481 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $700,220 would pay approximately $4,371 per month (principal and interest only, excluding taxes and insurance).