1511 CEDRUS RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $367,519 and $511,546, with a best estimate of $405,384. That places the property above the L204415C - CEDAR GROVE median of $386,318, in a neighborhood that declined 1.0% over the past year.
Estimated Value Range
$405,384
$434,867
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L204415C - CEDAR GROVE, this home's estimated market value is between $367,519 and $511,546. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$15,945 for 65 sqft less living space. Net adjustment: -$15,945.
Adjusted +$64,760 for 264 sqft more living space. Net adjustment: +$64,760.
Adjusted +$43,909 for 179 sqft more living space. Net adjustment: +$43,909.
Adjusted -$15,699 for 64 sqft less living space. Net adjustment: -$15,699.
Adjusted +$65,742 for 268 sqft more living space. Net adjustment: +$65,742.
The Neighborhood
This home is valued 12.6% above the L204415C - CEDAR GROVE median of $386,318. With 162 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.0% over the past year.
L204415C - CEDAR GROVE
typicalThis home is +12.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,615 across all districts. With a homestead exemption claimed, that drops to $6,995 — saving $1,620 per year. That's $583 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% | $4,727 |
| Williamson County | County | 0.3694% | $1,607 |
| Cedar Park | City | 0.3600% | $1,566 |
| Austin Community College | special | 0.1034% | $450 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,615 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $405,384 would pay approximately $2,530 per month (principal and interest only, excluding taxes and insurance).