714 ROYAL LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $486,973 and $742,755, with a best estimate of $544,350. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$544,350
$688,827
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $486,973 and $742,755 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$80,241 for 284 sqft less living space and +$20,215 for being newer. Net adjustment: -$60,026.
Adjusted -$146,355 for 518 sqft less living space and +$22,053 for being newer. Net adjustment: -$124,302.
Adjusted +$119,796 for 424 sqft more living space and +$34,917 for being newer. Net adjustment: +$154,713.
Adjusted -$43,793 for 155 sqft less living space and +$14,702 for being newer. Net adjustment: -$29,091.
Adjusted +$28,254 for 100 sqft more living space and +$18,377 for being newer. Net adjustment: +$46,631.
The Neighborhood
This home is valued 38.9% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +38.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,646 across all districts. With a homestead exemption claimed, that drops to $11,972 — saving $1,674 per year. That's $998 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% | $7,487 |
| Williamson County | County | 0.3694% | $2,545 |
| Cedar Park | City | 0.3600% | $2,480 |
| Austin Community College | special | 0.1034% | $712 |
| Williamson County FM/Rd | County | 0.0443% | $305 |
| Upper Brushy Creek WCID | Water | 0.0170% | $117 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,646 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $544,350 would pay approximately $3,398 per month (principal and interest only, excluding taxes and insurance).