1507 CEDRUS RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $301,778 and $445,805, with a best estimate of $339,643. That places the property below the L204415C - CEDAR GROVE median of $386,318, in a neighborhood that declined 1.0% over the past year.
Estimated Value Range
$339,643
$339,703
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L204415C - CEDAR GROVE, this home's estimated market value is between $301,778 and $445,805. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$81,686 for 333 sqft less living space. Net adjustment: -$81,686.
Adjusted -$981 for 4 sqft less living space. Net adjustment: -$981.
Adjusted -$21,832 for 89 sqft less living space. Net adjustment: -$21,832.
Adjusted -$81,441 for 332 sqft less living space. Net adjustment: -$81,441.
Adjusted -$65,742 for 268 sqft less living space. Net adjustment: -$65,742.
The Neighborhood
This home is valued 12.1% below the L204415C - CEDAR GROVE median of $386,318. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.0% over the past year.
L204415C - CEDAR GROVE
typicalThis home is -12.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,730 across all districts. With a homestead exemption claimed, that drops to $5,127 — saving $1,603 per year. That's $427 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% | $3,692 |
| Williamson County | County | 0.3694% | $1,255 |
| Cedar Park | City | 0.3600% | $1,223 |
| Austin Community College | special | 0.1034% | $351 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,730 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $339,643 would pay approximately $2,120 per month (principal and interest only, excluding taxes and insurance).