503 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $90,699 and $319,281, with a best estimate of $140,123. That places the property below the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$140,123
$275,910
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L501D74H - Cedar Park Ranchettes #4, this home's estimated market value is between $90,699 and $319,281. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$17,331 for 89 sqft more living space and -$150,256 for being older. Net adjustment: -$132,925.
Adjusted +$14,215 for 73 sqft more living space and -$100,171 for being older. Net adjustment: -$85,956.
Adjusted +$24,730 for 127 sqft more living space and -$100,171 for being older. Net adjustment: -$75,441.
Adjusted +$21,809 for 112 sqft more living space and +$15,026 for being newer. Net adjustment: +$36,835.
Adjusted -$100,171 for being older. Net adjustment: -$100,171.
The Neighborhood
This home is valued 10.2% below the L501D74H - Cedar Park Ranchettes #4 median of $307,201. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
typicalThis home is -10.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,466 across all districts. With a homestead exemption claimed, that drops to $3,875 — saving $1,591 per year. That's $323 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% | $2,999 |
| Williamson County | County | 0.3694% | $1,019 |
| Cedar Park | City | 0.3600% | $993 |
| Austin Community College | special | 0.1034% | $285 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,466 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $140,123 would pay approximately $875 per month (principal and interest only, excluding taxes and insurance).