500 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $375,442 and $573,448, with a best estimate of $467,341. That places the property above the L501D74H - Cedar Park Ranchettes #4 median of $307,201, in a neighborhood that appreciated 4.3% over the past year.
Estimated Value Range
$467,341
$344,337
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 $375,442 and $573,448. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$38,166 for 196 sqft less living space. Net adjustment: -$38,166.
Adjusted -$73,996 for 380 sqft less living space. Net adjustment: -$73,996.
Adjusted +$31,935 for 164 sqft more living space. Net adjustment: +$31,935.
Adjusted -$21,614 for 111 sqft less living space and +$20,034 for being newer. Net adjustment: -$1,580.
Adjusted -$4,089 for 21 sqft less living space and +$130,222 for being newer. Net adjustment: +$126,133.
The Neighborhood
This home is valued 12.1% 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
typicalThis home is +12.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,798 across all districts. With a homestead exemption claimed, that drops to $5,195 — saving $1,603 per year. That's $433 per month a buyer should budget. The assessed value increased +10.4% vs the subdivision average of +4.3%. This above-average increase gives a protest opportunity score of 56 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,730 |
| Williamson County | County | 0.3694% | $1,268 |
| Cedar Park | City | 0.3600% | $1,235 |
| Austin Community College | special | 0.1034% | $355 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,798 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $467,341 would pay approximately $2,917 per month (principal and interest only, excluding taxes and insurance).