508 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $165,018 and $310,109, with a best estimate of $277,433. 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
$277,433
$248,347
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 $165,018 and $310,109. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$51,797 for 266 sqft more living space and -$25,043 for being older. Net adjustment: +$26,754.
Adjusted -$72,243 for 371 sqft less living space and +$25,043 for being newer. Net adjustment: -$47,200.
Adjusted -$44,592 for 229 sqft less living space and -$25,043 for being older. Net adjustment: -$69,635.
Adjusted +$23,951 for 123 sqft more living space and -$25,043 for being older. Net adjustment: -$1,092.
Adjusted +$56,665 for 291 sqft more living space. Net adjustment: +$56,665.
The Neighborhood
This home is valued 19.2% 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
below averageThis home is -19.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,920 across all districts. With a homestead exemption claimed, that drops to $3,334 — saving $1,586 per year. That's $278 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% | $2,699 |
| Williamson County | County | 0.3694% | $918 |
| Cedar Park | City | 0.3600% | $894 |
| Austin Community College | special | 0.1034% | $257 |
| Williamson County FM/Rd | County | 0.0443% | $110 |
| Upper Brushy Creek WCID | Water | 0.0170% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,920 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $277,433 would pay approximately $1,732 per month (principal and interest only, excluding taxes and insurance).