406 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $500,618 and $698,624, with a best estimate of $592,518. That places the property above the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$592,518
$430,828
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 $500,618 and $698,624. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$49,265 for 253 sqft more living space and -$115,196 for being older. Net adjustment: -$65,931.
Adjusted +$102,036 for 524 sqft more living space and -$15,026 for being older. Net adjustment: +$87,010.
Adjusted +$66,207 for 340 sqft more living space and -$15,026 for being older. Net adjustment: +$51,181.
Adjusted +$172,137 for 884 sqft more living space and -$15,026 for being older. Net adjustment: +$157,111.
Adjusted +$118,588 for 609 sqft more living space and +$5,009 for being newer. Net adjustment: +$123,597.
The Neighborhood
This home is valued 40.2% above the L501D74H - Cedar Park Ranchettes #4 median of $307,201. With 123 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
above averageThis home is +40.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,535 across all districts. With a homestead exemption claimed, that drops to $6,916 — saving $1,619 per year. That's $576 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% | $4,683 |
| Williamson County | County | 0.3694% | $1,592 |
| Cedar Park | City | 0.3600% | $1,551 |
| Austin Community College | special | 0.1034% | $445 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,535 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $592,518 would pay approximately $3,698 per month (principal and interest only, excluding taxes and insurance).