1508 COLORADO BEND DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $269,235 and $548,766, with a best estimate of $342,103. That places the property below the L451404G - CEDAR PARK TOWNCENTER median of $367,655, in a neighborhood that appreciated 1.7% over the past year.
Estimated Value Range
$342,103
$350,138
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 $269,235 and $548,766. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$196,004 for 564 sqft more living space and +$1,524 for being newer. Net adjustment: +$197,528.
Adjusted +$94,179 for 271 sqft more living space and -$12,194 for being older. Net adjustment: +$81,985.
Adjusted -$103,910 for 299 sqft less living space and +$1,524 for being newer. Net adjustment: -$102,386.
Adjusted +$17,029 for 49 sqft more living space and +$15,242 for being newer. Net adjustment: +$32,271.
Adjusted +$23,979 for 69 sqft more living space and +$15,242 for being newer. Net adjustment: +$39,221.
The Neighborhood
This home is valued 4.8% 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 -4.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,936 across all districts. With a homestead exemption claimed, that drops to $5,332 — saving $1,604 per year. That's $444 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% | $3,806 |
| Williamson County | County | 0.3694% | $1,294 |
| Cedar Park | City | 0.3600% | $1,260 |
| Austin Community College | special | 0.1034% | $362 |
| Williamson County FM/Rd | County | 0.0443% | $155 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,936 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $342,103 would pay approximately $2,135 per month (principal and interest only, excluding taxes and insurance).