2004 NEW HOPE DR W, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $-122,317 and $392,305, with a best estimate of $190,550. That places the property below the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063, in a neighborhood that declined 25.0% over the past year.
Estimated Value Range
$190,550
$754,108
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $-122,317 and $392,305. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$158,699 for 486 sqft less living space and -$59,820 for being older. Net adjustment: -$218,519.
Adjusted -$54,859 for 168 sqft less living space and -$54,382 for being older. Net adjustment: -$109,241.
Adjusted -$264,171 for 809 sqft less living space and -$81,573 for being older. Net adjustment: -$345,744.
Adjusted +$62,696 for 192 sqft more living space and +$48,944 for being newer. Net adjustment: +$111,640.
Adjusted -$56,165 for 172 sqft less living space and -$87,011 for being older. Net adjustment: -$143,176.
The Neighborhood
This home is in line with the L010D82C - Leander Williamson Abstracts le 20 Acres median of $755,063. Note that values in this subdivision declined 25.0% over the past year.
L010D82C - Leander Williamson Abstracts le 20 Acres
typicalThis home is -0.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,828 across all districts. With a homestead exemption claimed, that drops to $10,175 — saving $1,653 per year. That's $848 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% | $6,490 |
| Williamson County | County | 0.3694% | $2,206 |
| Cedar Park | City | 0.3600% | $2,149 |
| Austin Community College | special | 0.1034% | $617 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Upper Brushy Creek WCID | Water | 0.0170% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,828 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $190,550 would pay approximately $1,189 per month (principal and interest only, excluding taxes and insurance).