1508 HIGHLAND DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $285,124 and $507,218, with a best estimate of $475,662. That places the property above the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.
Estimated Value Range
$475,662
$351,506
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $285,124 and $507,218. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$69,269 for 281 sqft less living space. Net adjustment: -$69,269.
Adjusted +$4,684 for 19 sqft more living space and -$9,510 for being older. Net adjustment: -$4,826.
Adjusted +$182,664 for 741 sqft more living space and -$9,510 for being older. Net adjustment: +$173,154.
Adjusted +$182,664 for 741 sqft more living space and -$9,510 for being older. Net adjustment: +$173,154.
Adjusted +$161,957 for 657 sqft more living space and -$28,530 for being older. Net adjustment: +$133,427.
The Neighborhood
This home is valued 4.3% below the L222499G - CARRIAGE HILLS median of $367,409. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.2% over the past year.
L222499G - CARRIAGE HILLS
typicalThis home is -4.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,964 across all districts. With a homestead exemption claimed, that drops to $5,359 — saving $1,605 per year. That's $447 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% | $3,821 |
| Williamson County | County | 0.3694% | $1,299 |
| Cedar Park | City | 0.3600% | $1,265 |
| Austin Community College | special | 0.1034% | $363 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,964 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $475,662 would pay approximately $2,969 per month (principal and interest only, excluding taxes and insurance).