2305 FAIRHILL CV, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $488,421 and $760,825, with a best estimate of $609,958. That places the property above the L252500E - GANN RANCH SEC 3 & 4 median of $507,244, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$609,958
$447,751
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L252500E - GANN RANCH SEC 3 & 4, this home's estimated market value is between $488,421 and $760,825. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$148,262 for 681 sqft more living space and +$823 for being newer. Net adjustment: +$149,085.
Adjusted +$98,406 for 452 sqft more living space. Net adjustment: +$98,406.
Adjusted +$75,764 for 348 sqft more living space. Net adjustment: +$75,764.
Adjusted +$163,067 for 749 sqft more living space. Net adjustment: +$163,067.
Adjusted +$174,823 for 803 sqft more living space. Net adjustment: +$174,823.
The Neighborhood
This home is valued 11.7% below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.3% over the past year.
L252500E - GANN RANCH SEC 3 & 4
typicalThis home is -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,870 across all districts. With a homestead exemption claimed, that drops to $7,248 — saving $1,622 per year. That's $604 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% | $4,867 |
| Williamson County | County | 0.3694% | $1,654 |
| Cedar Park | City | 0.3600% | $1,612 |
| Austin Community College | special | 0.1034% | $463 |
| 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% | $8,870 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $609,958 would pay approximately $3,807 per month (principal and interest only, excluding taxes and insurance).