2507 LITTLE ELM TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $438,679 and $632,364, with a best estimate of $480,010. That places the property above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$480,010
$445,052
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 $438,679 and $632,364. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$39,592 for 143 sqft more living space and -$23,640 for being older. Net adjustment: +$15,952.
Adjusted -$4,984 for 18 sqft less living space and -$5,910 for being older. Net adjustment: -$10,894.
Adjusted +$82,229 for 297 sqft more living space and +$5,910 for being newer. Net adjustment: +$88,139.
Adjusted +$140,095 for 506 sqft more living space and +$11,820 for being newer. Net adjustment: +$151,915.
Adjusted +$28,240 for 102 sqft more living space and -$23,640 for being older. Net adjustment: +$4,600.
The Neighborhood
This home is valued 2.5% below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is -2.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,817 across all districts. With a homestead exemption claimed, that drops to $7,195 — saving $1,622 per year. That's $600 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% | $4,837 |
| Williamson County | County | 0.3694% | $1,644 |
| Cedar Park | City | 0.3600% | $1,602 |
| Austin Community College | special | 0.1034% | $460 |
| Williamson County FM/Rd | County | 0.0443% | $197 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,817 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $480,010 would pay approximately $2,996 per month (principal and interest only, excluding taxes and insurance).