1508 PARKE BLUFF BND, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $454,618 and $1,258,352, with a best estimate of $1,050,880. That places the property above the L325617A - WESTPARK-MARKS PLACE median of $1,019,977, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$1,050,880
$1,158,054
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 $454,618 and $1,258,352. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$221,901 for 611 sqft more living space and -$21,071 for being older. Net adjustment: +$200,830.
Adjusted +$226,259 for 623 sqft more living space and -$10,536 for being older. Net adjustment: +$215,723.
Adjusted +$32,686 for 90 sqft more living space. Net adjustment: +$32,686.
Adjusted -$83,167 for 229 sqft less living space and -$84,285 for being older. Net adjustment: -$167,452.
Adjusted +$314,511 for 866 sqft more living space and -$94,821 for being older. Net adjustment: +$219,690.
The Neighborhood
This home is valued 13.5% above the L325617A - WESTPARK-MARKS PLACE median of $1,019,977. With 70 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
L325617A - WESTPARK-MARKS PLACE
typicalThis home is +13.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $22,942 across all districts. With a homestead exemption claimed, that drops to $21,165 — saving $1,777 per year. That's $1,764 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% | $12,587 |
| Williamson County | County | 0.3694% | $4,278 |
| Cedar Park | City | 0.3600% | $4,169 |
| Austin Community College | special | 0.1034% | $1,197 |
| Williamson County FM/Rd | County | 0.0443% | $513 |
| Upper Brushy Creek WCID | Water | 0.0170% | $197 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $22,942 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,050,880 would pay approximately $6,560 per month (principal and interest only, excluding taxes and insurance).