1501 CEDRUS RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $302,759 and $370,107, with a best estimate of $340,624. That places the property below the L204415C - CEDAR GROVE median of $386,318, in a neighborhood that declined 1.0% over the past year.
Estimated Value Range
$340,624
$446,786
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L204415C - CEDAR GROVE, this home's estimated market value is between $302,759 and $370,107. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,705 for 329 sqft less living space. Net adjustment: -$80,705.
Adjusted -$20,851 for 85 sqft less living space. Net adjustment: -$20,851.
Adjusted -$80,460 for 328 sqft less living space. Net adjustment: -$80,460.
Adjusted -$64,760 for 264 sqft less living space. Net adjustment: -$64,760.
Adjusted +$981 for 4 sqft more living space. Net adjustment: +$981.
The Neighborhood
This home is valued 15.7% above the L204415C - CEDAR GROVE median of $386,318. With 162 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.0% over the past year.
L204415C - CEDAR GROVE
above averageThis home is +15.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,851 across all districts. With a homestead exemption claimed, that drops to $7,229 — saving $1,622 per year. That's $602 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% | $4,856 |
| Williamson County | County | 0.3694% | $1,651 |
| Cedar Park | City | 0.3600% | $1,608 |
| Austin Community College | special | 0.1034% | $462 |
| 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% | $8,851 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $340,624 would pay approximately $2,126 per month (principal and interest only, excluding taxes and insurance).