508 COUGAR AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $241,116 and $459,315, with a best estimate of $266,273. That places the property below the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$266,273
$236,700
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L501D74H - Cedar Park Ranchettes #4, this home's estimated market value is between $241,116 and $459,315. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$10,126 for 52 sqft more living space and +$5,009 for being newer. Net adjustment: +$15,135.
Adjusted -$1,168 for 6 sqft less living space and -$170,290 for being older. Net adjustment: -$171,458.
Adjusted -$41,671 for 214 sqft less living space. Net adjustment: -$41,671.
Adjusted +$80,137 for being newer. Net adjustment: +$80,137.
Adjusted -$40,698 for 209 sqft less living space and +$80,137 for being newer. Net adjustment: +$39,439.
The Neighborhood
This home is valued 22.9% below the L501D74H - Cedar Park Ranchettes #4 median of $307,201. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
below averageThis home is -22.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,689 across all districts. With a homestead exemption claimed, that drops to $3,106 — saving $1,583 per year. That's $259 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% | $2,573 |
| Williamson County | County | 0.3694% | $874 |
| Cedar Park | City | 0.3600% | $852 |
| Austin Community College | special | 0.1034% | $245 |
| Williamson County FM/Rd | County | 0.0443% | $105 |
| Upper Brushy Creek WCID | Water | 0.0170% | $40 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,689 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $266,273 would pay approximately $1,662 per month (principal and interest only, excluding taxes and insurance).