1603 TEAL TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $297,227 and $586,794, with a best estimate of $553,417. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$553,417
$522,178
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $297,227 and $586,794. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$184,441 for 582 sqft less living space. Net adjustment: -$184,441.
Adjusted -$115,355 for 364 sqft less living space and +$8,346 for being newer. Net adjustment: -$107,009.
Adjusted -$115,672 for 365 sqft less living space. Net adjustment: -$115,672.
Adjusted +$8,557 for 27 sqft more living space. Net adjustment: +$8,557.
Adjusted -$60,213 for 190 sqft less living space and +$8,346 for being newer. Net adjustment: -$51,867.
The Neighborhood
This home is valued 12.3% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -12.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,345 across all districts. With a homestead exemption claimed, that drops to $8,708 — saving $1,637 per year. That's $726 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% | $5,676 |
| Williamson County | County | 0.3694% | $1,929 |
| Cedar Park | City | 0.3600% | $1,880 |
| Austin Community College | special | 0.1034% | $540 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,345 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $553,417 would pay approximately $3,454 per month (principal and interest only, excluding taxes and insurance).