2305 DRUE LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $287,221 and $574,550, with a best estimate of $314,827. That places the property below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$314,827
$357,423
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L256500F - HERITAGE PARK SEC 2,3,4. The estimated range of $287,221 and $574,550 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$11,072 for 41 sqft more living space and -$17,714 for being older. Net adjustment: -$6,642.
Adjusted +$17,283 for 64 sqft more living space and -$3,543 for being older. Net adjustment: +$13,740.
Adjusted -$69,400 for 257 sqft less living space and -$7,086 for being older. Net adjustment: -$76,486.
Adjusted -$23,763 for 88 sqft less living space and -$3,543 for being older. Net adjustment: -$27,306.
Adjusted -$100,455 for 372 sqft less living space and +$3,543 for being newer. Net adjustment: -$96,912.
The Neighborhood
This home is valued 11.5% below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is -11.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,081 across all districts. With a homestead exemption claimed, that drops to $5,475 — saving $1,606 per year. That's $456 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% | $3,885 |
| Williamson County | County | 0.3694% | $1,320 |
| Cedar Park | City | 0.3600% | $1,287 |
| Austin Community College | special | 0.1034% | $370 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,081 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,827 would pay approximately $1,965 per month (principal and interest only, excluding taxes and insurance).