502 BRASHEAR LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $232,047 and $447,606, with a best estimate of $262,356. 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
$262,356
$454,304
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 $232,047 and $447,606. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$82,422 for 336 sqft less living space. Net adjustment: -$82,422.
Adjusted -$147,183 for 600 sqft less living space. Net adjustment: -$147,183.
Adjusted -$112,840 for 460 sqft less living space. Net adjustment: -$112,840.
Adjusted -$12,265 for 50 sqft less living space. Net adjustment: -$12,265.
Adjusted -$99,839 for 407 sqft less living space. Net adjustment: -$99,839.
The Neighborhood
This home is valued 17.6% above the L204415C - CEDAR GROVE median of $386,318. With 162 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.0% over the past year.
L204415C - CEDAR GROVE
above averageThis home is +17.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,000 across all districts. With a homestead exemption claimed, that drops to $7,377 — saving $1,623 per year. That's $615 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% | $4,938 |
| Williamson County | County | 0.3694% | $1,678 |
| Cedar Park | City | 0.3600% | $1,635 |
| Austin Community College | special | 0.1034% | $470 |
| Williamson County FM/Rd | County | 0.0443% | $201 |
| Upper Brushy Creek WCID | Water | 0.0170% | $77 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,000 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $262,356 would pay approximately $1,638 per month (principal and interest only, excluding taxes and insurance).