1506 GRETCHEN DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $299,365 and $373,101, with a best estimate of $325,826. 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
$325,826
$387,794
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L256500F - HERITAGE PARK SEC 2,3,4. The estimated range of $299,365 and $373,101 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$38,886 for 144 sqft more living space and -$21,257 for being older. Net adjustment: +$17,629.
Adjusted +$32,135 for 119 sqft more living space and -$28,343 for being older. Net adjustment: +$3,792.
Adjusted -$21,333 for 79 sqft less living space and -$31,886 for being older. Net adjustment: -$53,219.
Adjusted -$146,091 for 541 sqft less living space and -$14,171 for being older. Net adjustment: -$160,262.
Adjusted -$131,239 for 486 sqft less living space and -$21,257 for being older. Net adjustment: -$152,496.
The Neighborhood
This home is valued 4.0% 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 -4.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,682 across all districts. With a homestead exemption claimed, that drops to $6,071 — saving $1,611 per year. That's $506 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% | $4,215 |
| Williamson County | County | 0.3694% | $1,433 |
| Cedar Park | City | 0.3600% | $1,396 |
| Austin Community College | special | 0.1034% | $401 |
| Williamson County FM/Rd | County | 0.0443% | $172 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,682 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $325,826 would pay approximately $2,034 per month (principal and interest only, excluding taxes and insurance).