3701 ARROW WOOD RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $888,485 and $1,114,897, with a best estimate of $1,065,182. That places the property above the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$1,065,182
$1,018,103
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L543514A - Ranch at Brushy Creek - Section 8A, this home's estimated market value is between $888,485 and $1,114,897. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$27,970 for 74 sqft less living space and -$11,306 for being older. Net adjustment: -$39,276.
Adjusted -$8,315 for 22 sqft less living space and -$11,306 for being older. Net adjustment: -$19,621.
Adjusted +$179,916 for 476 sqft more living space and -$11,306 for being older. Net adjustment: +$168,610.
Adjusted +$144,008 for 381 sqft more living space and -$22,612 for being older. Net adjustment: +$121,396.
Adjusted -$24,568 for 65 sqft less living space and -$11,306 for being older. Net adjustment: -$35,874.
The Neighborhood
This home is valued 32.3% above the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335. With 1,488 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.9% over the past year.
L543514A - Ranch at Brushy Creek - Section 8A
above averageThis home is +32.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,169 across all districts. With a homestead exemption claimed, that drops to $18,423 — saving $1,746 per year. That's $1,535 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% | $11,066 |
| Williamson County | County | 0.3694% | $3,761 |
| Cedar Park | City | 0.3600% | $3,665 |
| Austin Community College | special | 0.1034% | $1,053 |
| Williamson County FM/Rd | County | 0.0443% | $451 |
| Upper Brushy Creek WCID | Water | 0.0170% | $173 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $20,169 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,065,182 would pay approximately $6,649 per month (principal and interest only, excluding taxes and insurance).