505 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $249,729 and $311,491, with a best estimate of $285,604. 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
$285,604
$436,791
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 $249,729 and $311,491. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$16,941 for 87 sqft less living space and +$45,077 for being newer. Net adjustment: +$28,136.
Adjusted -$44,787 for 230 sqft less living space and +$45,077 for being newer. Net adjustment: +$290.
Adjusted -$68,738 for 353 sqft less living space and +$70,120 for being newer. Net adjustment: +$1,382.
Adjusted -$12,073 for 62 sqft less living space and +$70,120 for being newer. Net adjustment: +$58,047.
Adjusted -$101,062 for 519 sqft less living space and +$45,077 for being newer. Net adjustment: -$55,985.
The Neighborhood
This home is valued 42.2% above the L501D74H - Cedar Park Ranchettes #4 median of $307,201. With 123 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 4.3% over the past year.
L501D74H - Cedar Park Ranchettes #4
above averageThis home is +42.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,223 across all districts. With a homestead exemption claimed, that drops to $4,625 — saving $1,598 per year. That's $385 per month a buyer should budget. The assessed value increased +53.0% vs the subdivision average of +4.3%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,414 |
| Williamson County | County | 0.3694% | $1,161 |
| Cedar Park | City | 0.3600% | $1,131 |
| Austin Community College | special | 0.1034% | $325 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,223 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $285,604 would pay approximately $1,783 per month (principal and interest only, excluding taxes and insurance).