507 HICKORY RUN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $261,067 and $672,626, with a best estimate of $572,694. That places the property below the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$572,694
$673,977
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $261,067 and $672,626. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$290,091 for 842 sqft less living space. Net adjustment: -$290,091.
Adjusted -$49,612 for 144 sqft less living space. Net adjustment: -$49,612.
Adjusted -$186,733 for 542 sqft less living space. Net adjustment: -$186,733.
Adjusted -$107,492 for 312 sqft less living space. Net adjustment: -$107,492.
Adjusted -$113,694 for 330 sqft less living space. Net adjustment: -$113,694.
The Neighborhood
This home is valued 5.0% below the L305606D - Red Oaks N. of Little Elm median of $709,809. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is -5.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,352 across all districts. With a homestead exemption claimed, that drops to $11,682 — saving $1,670 per year. That's $974 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% | $7,325 |
| Williamson County | County | 0.3694% | $2,490 |
| Cedar Park | City | 0.3600% | $2,426 |
| Austin Community College | special | 0.1034% | $697 |
| Williamson County FM/Rd | County | 0.0443% | $299 |
| Upper Brushy Creek WCID | Water | 0.0170% | $115 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,352 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $572,694 would pay approximately $3,575 per month (principal and interest only, excluding taxes and insurance).