118 BLUE RIDGE PKWY S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $246,466 and $364,317, with a best estimate of $342,905. 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
$342,905
$316,924
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 $246,466 and $364,317. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$7,709 for 32 sqft less living space and +$17,306 for being newer and -$13,028 for no garage. Net adjustment: -$3,431.
Adjusted +$22,162 for 92 sqft more living space and +$17,306 for being newer and -$13,028 for no garage. Net adjustment: +$26,440.
Adjusted -$80,940 for 336 sqft less living space and -$31,151 for being older and -$13,028 for no garage. Net adjustment: -$125,119.
Adjusted -$94,430 for 392 sqft less living space and +$20,767 for being newer. Net adjustment: -$73,663.
Adjusted -$36,375 for 151 sqft less living space and +$20,767 for being newer and -$13,028 for no garage. Net adjustment: -$28,636.
The Neighborhood
This home is valued 14.9% 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 -14.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,279 across all districts. With a homestead exemption claimed, that drops to $4,680 — saving $1,599 per year. That's $390 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% | $3,445 |
| Williamson County | County | 0.3694% | $1,171 |
| Cedar Park | City | 0.3600% | $1,141 |
| Austin Community College | special | 0.1034% | $328 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,279 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $342,905 would pay approximately $2,140 per month (principal and interest only, excluding taxes and insurance).