2308 FAIRHILL CV, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $371,987 and $685,061, with a best estimate of $534,194. 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
$534,194
$412,657
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 $371,987 and $685,061. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,642 for 104 sqft more living space. Net adjustment: +$22,642.
Adjusted -$75,764 for 348 sqft less living space. Net adjustment: -$75,764.
Adjusted +$72,498 for 333 sqft more living space and +$823 for being newer. Net adjustment: +$73,321.
Adjusted +$87,303 for 401 sqft more living space. Net adjustment: +$87,303.
Adjusted +$99,059 for 455 sqft more living space. Net adjustment: +$99,059.
The Neighborhood
This home is valued 18.6% 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
below averageThis home is -18.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,175 across all districts. With a homestead exemption claimed, that drops to $6,559 — saving $1,616 per year. That's $547 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% | $4,485 |
| Williamson County | County | 0.3694% | $1,525 |
| Cedar Park | City | 0.3600% | $1,486 |
| Austin Community College | special | 0.1034% | $427 |
| Williamson County FM/Rd | County | 0.0443% | $183 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,175 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $534,194 would pay approximately $3,334 per month (principal and interest only, excluding taxes and insurance).