506 MT RUSHMORE DR S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $263,322 and $398,738, with a best estimate of $319,009. That places the property below the L375482H - Park Place Sec 1 & 2 median of $372,368, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$319,009
$334,862
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L375482H - Park Place Sec 1 & 2, this home's estimated market value is between $263,322 and $398,738. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted +$4,095 for 17 sqft more living space and +$13,845 for being newer. Net adjustment: +$17,940.
Adjusted +$20,958 for 87 sqft more living space and +$13,845 for being newer. Net adjustment: +$34,803.
Adjusted +$12,767 for 53 sqft more living space and -$3,461 for being older and +$13,028 for having a garage. Net adjustment: +$22,334.
Adjusted -$68,654 for 285 sqft less living space and -$34,612 for being older. Net adjustment: -$103,266.
The Neighborhood
This home is valued 10.1% below the L375482H - Park Place Sec 1 & 2 median of $372,368. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
typicalThis home is -10.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,634 across all districts. With a homestead exemption claimed, that drops to $5,032 — saving $1,602 per year. That's $419 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% | $3,640 |
| Williamson County | County | 0.3694% | $1,237 |
| Cedar Park | City | 0.3600% | $1,206 |
| Austin Community College | special | 0.1034% | $346 |
| Williamson County FM/Rd | County | 0.0443% | $148 |
| Upper Brushy Creek WCID | Water | 0.0170% | $57 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,634 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $319,009 would pay approximately $1,991 per month (principal and interest only, excluding taxes and insurance).