1501 COLORADO BEND DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $286,541 and $575,689, with a best estimate of $547,494. That places the property above the L451404G - CEDAR PARK TOWNCENTER median of $367,655, in a neighborhood that appreciated 1.7% over the past year.
Estimated Value Range
$547,494
$349,003
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $286,541 and $575,689. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$126,151 for 363 sqft more living space and -$1,524 for being older. Net adjustment: +$124,627.
Adjusted -$67,767 for 195 sqft less living space and -$1,524 for being older. Net adjustment: -$69,291.
Adjusted -$65,335 for 188 sqft less living space and +$12,194 for being newer. Net adjustment: -$53,141.
Adjusted +$216,160 for 622 sqft more living space. Net adjustment: +$216,160.
Adjusted -$17,029 for 49 sqft less living space and +$10,669 for being newer. Net adjustment: -$6,360.
The Neighborhood
This home is valued 5.1% below the L451404G - CEDAR PARK TOWNCENTER median of $367,655. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.7% over the past year.
L451404G - CEDAR PARK TOWNCENTER
typicalThis home is -5.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,914 across all districts. With a homestead exemption claimed, that drops to $5,310 — saving $1,604 per year. That's $443 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% | $3,793 |
| Williamson County | County | 0.3694% | $1,289 |
| Cedar Park | City | 0.3600% | $1,256 |
| Austin Community College | special | 0.1034% | $361 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,914 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $547,494 would pay approximately $3,417 per month (principal and interest only, excluding taxes and insurance).