501 MUSTANG AVE S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $399,869 and $597,875, with a best estimate of $491,768. 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
$491,768
$463,782
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 $399,869 and $597,875. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$23,756 for 122 sqft less living space and +$10,017 for being newer. Net adjustment: -$13,739.
Adjusted -$59,586 for 306 sqft less living space and +$10,017 for being newer. Net adjustment: -$49,569.
Adjusted +$46,345 for 238 sqft more living space and +$10,017 for being newer. Net adjustment: +$56,362.
Adjusted -$7,205 for 37 sqft less living space and +$30,051 for being newer. Net adjustment: +$22,846.
Adjusted +$10,320 for 53 sqft more living space and +$140,239 for being newer. Net adjustment: +$150,559.
The Neighborhood
This home is valued 51.0% 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
outlier highThis home is +51.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,188 across all districts. With a homestead exemption claimed, that drops to $7,563 — saving $1,625 per year. That's $630 per month a buyer should budget. The assessed value increased +14.9% vs the subdivision average of +4.3%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,041 |
| Williamson County | County | 0.3694% | $1,713 |
| Cedar Park | City | 0.3600% | $1,670 |
| Austin Community College | special | 0.1034% | $480 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,188 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $491,768 would pay approximately $3,070 per month (principal and interest only, excluding taxes and insurance).