506 TYREE RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $509,697 and $781,878, with a best estimate of $595,524. That places the property above the L521405G - SILVERADO WEST PHS B median of $480,558, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$595,524
$448,290
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L521405G - SILVERADO WEST PHS B, this home's estimated market value is between $509,697 and $781,878. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$154,987 for 486 sqft more living space. Net adjustment: +$154,987.
Adjusted +$102,687 for 322 sqft more living space. Net adjustment: +$102,687.
Adjusted +$199,633 for 626 sqft more living space. Net adjustment: +$199,633.
Adjusted +$125,329 for 393 sqft more living space and +$25,673 for being newer. Net adjustment: +$151,002.
Adjusted +$169,337 for 531 sqft more living space and -$12,836 for being older. Net adjustment: +$156,501.
The Neighborhood
This home is valued 6.7% below the L521405G - SILVERADO WEST PHS B median of $480,558. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L521405G - SILVERADO WEST PHS B
typicalThis home is -6.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,881 across all districts. With a homestead exemption claimed, that drops to $7,258 — saving $1,623 per year. That's $605 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% | $4,872 |
| Williamson County | County | 0.3694% | $1,656 |
| Cedar Park | City | 0.3600% | $1,614 |
| Austin Community College | special | 0.1034% | $464 |
| Williamson County FM/Rd | County | 0.0443% | $199 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,881 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $595,524 would pay approximately $3,717 per month (principal and interest only, excluding taxes and insurance).