1504 GRETCHEN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $280,487 and $429,842, with a best estimate of $367,339. 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
$367,339
$383,815
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L256500F - HERITAGE PARK SEC 2,3,4. The estimated range of $280,487 and $429,842 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$61,839 for 229 sqft less living space and +$3,543 for being newer. Net adjustment: -$58,296.
Adjusted -$85,602 for 317 sqft less living space and -$7,086 for being older. Net adjustment: -$92,688.
Adjusted +$41,586 for 154 sqft more living space and -$28,343 for being older. Net adjustment: +$13,243.
Adjusted -$76,421 for 283 sqft less living space and -$17,714 for being older. Net adjustment: -$94,135.
Adjusted +$15,932 for 59 sqft more living space and -$21,257 for being older. Net adjustment: -$5,325.
The Neighborhood
This home is valued 5.0% below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is -5.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,604 across all districts. With a homestead exemption claimed, that drops to $5,993 — saving $1,611 per year. That's $499 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% | $4,172 |
| Williamson County | County | 0.3694% | $1,418 |
| Cedar Park | City | 0.3600% | $1,382 |
| Austin Community College | special | 0.1034% | $397 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,604 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $367,339 would pay approximately $2,293 per month (principal and interest only, excluding taxes and insurance).