2402 HOBART DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $332,304 and $796,625, with a best estimate of $461,685. That places the property below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244, in a neighborhood that declined 6.3% over the past year.
Estimated Value Range
$461,685
$440,917
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L252500E - GANN RANCH SEC 3 & 4. The estimated range of $332,304 and $796,625 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$39,624 for 182 sqft less living space and -$823 for being older. Net adjustment: -$40,447.
Adjusted +$54,646 for 251 sqft more living space and -$823 for being older. Net adjustment: +$53,823.
Adjusted +$9,579 for 44 sqft more living space and -$4,113 for being older. Net adjustment: +$5,466.
Adjusted -$2,830 for 13 sqft less living space and +$4,113 for being newer. Net adjustment: +$1,283.
Adjusted +$39,188 for 180 sqft more living space and -$4,935 for being older. Net adjustment: +$34,253.
The Neighborhood
This home is valued 13.1% below the L252500E - GANN RANCH SEC 3 & 4 median of $507,244. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.3% over the past year.
L252500E - GANN RANCH SEC 3 & 4
typicalThis home is -13.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,735 across all districts. With a homestead exemption claimed, that drops to $7,114 — saving $1,621 per year. That's $593 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% | $4,792 |
| Williamson County | County | 0.3694% | $1,629 |
| Cedar Park | City | 0.3600% | $1,587 |
| Austin Community College | special | 0.1034% | $456 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,735 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $461,685 would pay approximately $2,882 per month (principal and interest only, excluding taxes and insurance).