1506 HIGHLAND DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $203,241 and $578,281, with a best estimate of $288,071. That places the property below the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.
Estimated Value Range
$288,071
$370,738
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 $203,241 and $578,281. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$86,771 for 352 sqft less living space and -$28,530 for being older. Net adjustment: -$115,301.
Adjusted -$76,664 for 311 sqft less living space and -$9,510 for being older. Net adjustment: -$86,174.
Adjusted +$6,656 for 27 sqft more living space and -$9,510 for being older. Net adjustment: -$2,854.
Adjusted -$57,190 for 232 sqft less living space and -$28,530 for being older. Net adjustment: -$85,720.
Adjusted -$34,018 for 138 sqft less living space and -$28,530 for being older and -$6,971 for no pool. Net adjustment: -$69,519.
The Neighborhood
This home is in line with the L222499G - CARRIAGE HILLS median of $367,409. Note that values in this subdivision declined 7.2% over the past year.
L222499G - CARRIAGE HILLS
typicalThis home is +0.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,345 across all districts. With a homestead exemption claimed, that drops to $5,736 — saving $1,609 per year. That's $478 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% | $4,030 |
| Williamson County | County | 0.3694% | $1,370 |
| Cedar Park | City | 0.3600% | $1,335 |
| Austin Community College | special | 0.1034% | $383 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,345 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $288,071 would pay approximately $1,798 per month (principal and interest only, excluding taxes and insurance).