2303 ROMEO DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $135,884 and $451,265, with a best estimate of $220,955. 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
$220,955
$427,472
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L256500F - HERITAGE PARK SEC 2,3,4. The estimated range of $135,884 and $451,265 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$38,076 for 141 sqft less living space and -$7,086 for being older. Net adjustment: -$45,162.
Adjusted -$44,827 for 166 sqft less living space and -$3,543 for being older. Net adjustment: -$48,370.
Adjusted -$270 for 1 sqft less living space and -$24,800 for being older. Net adjustment: -$25,070.
Adjusted -$255,187 for 945 sqft less living space and +$7,086 for being newer. Net adjustment: -$248,101.
Adjusted -$48,607 for 180 sqft less living space and -$21,257 for being older. Net adjustment: -$69,864.
The Neighborhood
This home is valued 5.8% above the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. With 434 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is +5.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,469 across all districts. With a homestead exemption claimed, that drops to $6,850 — saving $1,619 per year. That's $571 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% | $4,646 |
| Williamson County | County | 0.3694% | $1,579 |
| Cedar Park | City | 0.3600% | $1,539 |
| Austin Community College | special | 0.1034% | $442 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,469 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $220,955 would pay approximately $1,379 per month (principal and interest only, excluding taxes and insurance).