2302 SUMAC LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $229,377 and $328,664, with a best estimate of $281,436. That places the property above the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358, in a neighborhood that appreciated 21.6% over the past year.
Estimated Value Range
$281,436
$245,235
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L323D82I - Cedar Park Ranchettes #6 & 6A, this home's estimated market value is between $229,377 and $328,664. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$5,138 for 27 sqft more living space and -$85,864 for being older and -$15,287 for no garage. Net adjustment: -$96,013.
Adjusted +$28,163 for 148 sqft more living space and -$53,295 for being older. Net adjustment: -$25,132.
Adjusted +$66,982 for 352 sqft more living space and -$8,882 for being older. Net adjustment: +$58,100.
Adjusted +$69,646 for 366 sqft more living space and -$11,843 for being older and -$15,287 for no garage. Net adjustment: +$42,516.
Adjusted +$144,049 for 757 sqft more living space and -$32,569 for being older. Net adjustment: +$111,480.
The Neighborhood
This home is valued 3.6% below the L323D82I - Cedar Park Ranchettes #6 & 6A median of $254,358. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 21.6% over the past year.
L323D82I - Cedar Park Ranchettes #6 & 6A
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,858 across all districts. With a homestead exemption claimed, that drops to $3,273 — saving $1,585 per year. That's $273 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% | $2,665 |
| Williamson County | County | 0.3694% | $906 |
| Cedar Park | City | 0.3600% | $883 |
| Austin Community College | special | 0.1034% | $254 |
| Williamson County FM/Rd | County | 0.0443% | $109 |
| Upper Brushy Creek WCID | Water | 0.0170% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,858 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $281,436 would pay approximately $1,757 per month (principal and interest only, excluding taxes and insurance).