406 LONE STAR DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $504,894 and $910,225, with a best estimate of $832,381. 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
$832,381
$636,933
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $504,894 and $910,225. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$154,831 for 548 sqft more living space and -$12,864 for being older. Net adjustment: +$141,967.
Adjusted +$63,854 for 226 sqft more living space. Net adjustment: +$63,854.
Adjusted +$77,133 for 273 sqft more living space and -$1,838 for being older. Net adjustment: +$75,295.
Adjusted +$40,403 for 143 sqft more living space and -$12,864 for being older. Net adjustment: +$27,539.
Adjusted +$163,872 for 580 sqft more living space and +$1,838 for being newer. Net adjustment: +$165,710.
The Neighborhood
This home is valued 28.5% 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 +28.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,618 across all districts. With a homestead exemption claimed, that drops to $10,956 — saving $1,662 per year. That's $913 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% | $6,923 |
| Williamson County | County | 0.3694% | $2,353 |
| Cedar Park | City | 0.3600% | $2,293 |
| Austin Community College | special | 0.1034% | $659 |
| Williamson County FM/Rd | County | 0.0443% | $282 |
| Upper Brushy Creek WCID | Water | 0.0170% | $108 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,618 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $832,381 would pay approximately $5,196 per month (principal and interest only, excluding taxes and insurance).