502 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $114,561 and $304,833, with a best estimate of $280,238. 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
$280,238
$198,098
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 $114,561 and $304,833. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$20,251 for 104 sqft less living space. Net adjustment: -$20,251.
Adjusted +$14,994 for 77 sqft more living space and +$50,085 for being newer. Net adjustment: +$65,079.
Adjusted -$6,036 for 31 sqft less living space and -$100,171 for being older. Net adjustment: -$106,207.
Adjusted +$4,479 for 23 sqft more living space and -$100,171 for being older. Net adjustment: -$95,692.
Adjusted +$1,558 for 8 sqft more living space and +$15,026 for being newer. Net adjustment: +$16,584.
The Neighborhood
This home is valued 35.5% 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 -35.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,924 across all districts. With a homestead exemption claimed, that drops to $2,348 — saving $1,576 per year. That's $196 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% | $2,153 |
| Williamson County | County | 0.3694% | $732 |
| Cedar Park | City | 0.3600% | $713 |
| Austin Community College | special | 0.1034% | $205 |
| Williamson County FM/Rd | County | 0.0443% | $88 |
| Upper Brushy Creek WCID | Water | 0.0170% | $34 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $3,924 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $280,238 would pay approximately $1,749 per month (principal and interest only, excluding taxes and insurance).