1508 BLUE RIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $268,500 and $324,409, with a best estimate of $306,411. That places the property below the L360479H - Shenandoah - All Sections median of $352,063, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$306,411
$379,720
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $268,500 and $324,409. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$12,386 for 50 sqft less living space and -$19,540 for being older. Net adjustment: -$31,926.
Adjusted -$4,459 for 18 sqft less living space and -$43,965 for being older. Net adjustment: -$48,424.
Adjusted +$58,956 for 238 sqft more living space and -$39,080 for being older. Net adjustment: +$19,876.
Adjusted +$21,799 for 88 sqft more living space and -$24,425 for being older. Net adjustment: -$2,626.
Adjusted -$65,892 for 266 sqft less living space and -$19,540 for being older. Net adjustment: -$85,432.
The Neighborhood
This home is valued 7.9% above the L360479H - Shenandoah - All Sections median of $352,063. With 442 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
typicalThis home is +7.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,501 across all districts. With a homestead exemption claimed, that drops to $4,909 — saving $1,592 per year. That's $409 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% | $4,127 |
| Williamson County | County | 0.3694% | $1,403 |
| Austin Community College | special | 0.1034% | $393 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $345 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $6,501 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $306,411 would pay approximately $1,913 per month (principal and interest only, excluding taxes and insurance).