514 FALLEN OAKS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $537,483 and $1,186,103, with a best estimate of $1,100,339. 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
$1,100,339
$728,493
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $537,483 and $1,186,103. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$15,497 for 41 sqft less living space and -$33,918 for being older. Net adjustment: -$49,415.
Adjusted +$312,962 for 828 sqft more living space and +$11,306 for being newer. Net adjustment: +$324,268.
Adjusted +$346,602 for 917 sqft more living space and +$22,612 for being newer. Net adjustment: +$369,214.
Adjusted +$385,911 for 1,021 sqft more living space and +$22,612 for being newer. Net adjustment: +$408,523.
Adjusted +$399,896 for 1,058 sqft more living space and +$22,612 for being newer. Net adjustment: +$422,508.
The Neighborhood
This home is valued 5.3% below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L543514A - Ranch at Brushy Creek - Section 8A
typicalThis home is -5.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,432 across all districts. With a homestead exemption claimed, that drops to $12,750 — saving $1,682 per year. That's $1,063 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% | $7,918 |
| Williamson County | County | 0.3694% | $2,691 |
| Cedar Park | City | 0.3600% | $2,623 |
| Austin Community College | special | 0.1034% | $753 |
| Williamson County FM/Rd | County | 0.0443% | $323 |
| Upper Brushy Creek WCID | Water | 0.0170% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,432 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,100,339 would pay approximately $6,868 per month (principal and interest only, excluding taxes and insurance).