205 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $172,572 and $298,340, with a best estimate of $225,973. 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
$225,973
$243,071
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 $172,572 and $298,340. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$14,604 for 75 sqft less living space and -$25,043 for being older. Net adjustment: -$39,647.
Adjusted +$13,047 for 67 sqft more living space and -$75,128 for being older. Net adjustment: -$62,081.
Adjusted +$81,590 for 419 sqft more living space and -$75,128 for being older. Net adjustment: +$6,462.
Adjusted +$57,639 for 296 sqft more living space and -$50,085 for being older. Net adjustment: +$7,554.
Adjusted -$26,872 for 138 sqft less living space and -$75,128 for being older. Net adjustment: -$102,000.
The Neighborhood
This home is valued 20.9% 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 -20.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,815 across all districts. With a homestead exemption claimed, that drops to $3,231 — saving $1,584 per year. That's $269 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% | $2,642 |
| Williamson County | County | 0.3694% | $898 |
| Cedar Park | City | 0.3600% | $875 |
| Austin Community College | special | 0.1034% | $251 |
| Williamson County FM/Rd | County | 0.0443% | $108 |
| Upper Brushy Creek WCID | Water | 0.0170% | $41 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,815 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $225,973 would pay approximately $1,411 per month (principal and interest only, excluding taxes and insurance).