1509 OAK TREE LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $575,784 and $759,433, with a best estimate of $724,994. That places the property above the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$724,994
$731,719
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $575,784 and $759,433. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
This comparable closely matches the subject property's features.
Adjusted +$32,730 for 95 sqft more living space. Net adjustment: +$32,730.
Adjusted -$121,618 for 353 sqft less living space. Net adjustment: -$121,618.
Adjusted +$49,612 for 144 sqft more living space. Net adjustment: +$49,612.
Adjusted +$33,764 for 98 sqft more living space. Net adjustment: +$33,764.
The Neighborhood
This home is valued 3.1% above the L305606D - Red Oaks N. of Little Elm median of $709,809. With 445 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is +3.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,496 across all districts. With a homestead exemption claimed, that drops to $12,813 — saving $1,683 per year. That's $1,068 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% | $7,953 |
| Williamson County | County | 0.3694% | $2,703 |
| Cedar Park | City | 0.3600% | $2,634 |
| Austin Community College | special | 0.1034% | $757 |
| Williamson County FM/Rd | County | 0.0443% | $324 |
| Upper Brushy Creek WCID | Water | 0.0170% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,496 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $724,994 would pay approximately $4,525 per month (principal and interest only, excluding taxes and insurance).