2503 LITTLE ELM TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $345,864 and $534,405, with a best estimate of $455,333. That places the property below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$455,333
$510,995
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $345,864 and $534,405. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$13,013 for 47 sqft less living space and +$41,369 for being newer. Net adjustment: +$28,356.
Adjusted -$41,807 for 151 sqft less living space and +$5,910 for being newer. Net adjustment: -$35,897.
Adjusted -$107,424 for 388 sqft less living space and +$35,459 for being newer. Net adjustment: -$71,965.
Adjusted -$14,120 for 51 sqft less living space and +$35,459 for being newer. Net adjustment: +$21,339.
Adjusted -$180,240 for 651 sqft less living space and +$53,189 for being newer. Net adjustment: -$127,051.
The Neighborhood
This home is valued 12.0% above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. With 602 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +12.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,123 across all districts. With a homestead exemption claimed, that drops to $8,489 — saving $1,634 per year. That's $707 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% | $5,554 |
| Williamson County | County | 0.3694% | $1,888 |
| Cedar Park | City | 0.3600% | $1,840 |
| Austin Community College | special | 0.1034% | $528 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,123 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $455,333 would pay approximately $2,842 per month (principal and interest only, excluding taxes and insurance).