2307 JOHN TEE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $303,382 and $418,735, with a best estimate of $315,372. That places the property below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$315,372
$351,867
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L256500F - HERITAGE PARK SEC 2,3,4, this home's estimated market value is between $303,382 and $418,735. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$70,210 for 260 sqft less living space and +$3,543 for being newer. Net adjustment: -$66,667.
Adjusted -$73,451 for 272 sqft less living space. Net adjustment: -$73,451.
Adjusted +$86,413 for 320 sqft more living space and +$3,543 for being newer. Net adjustment: +$89,956.
Adjusted -$50,497 for 187 sqft less living space. Net adjustment: -$50,497.
Adjusted -$73,451 for 272 sqft less living space. Net adjustment: -$73,451.
The Neighborhood
This home is valued 12.9% below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is -12.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,971 across all districts. With a homestead exemption claimed, that drops to $5,366 — saving $1,605 per year. That's $447 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% | $3,824 |
| Williamson County | County | 0.3694% | $1,300 |
| Cedar Park | City | 0.3600% | $1,267 |
| Austin Community College | special | 0.1034% | $364 |
| Williamson County FM/Rd | County | 0.0443% | $156 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,971 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $315,372 would pay approximately $1,969 per month (principal and interest only, excluding taxes and insurance).