516 FALLEN OAKS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $456,582 and $913,920, with a best estimate of $837,477. 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
$837,477
$824,377
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 $456,582 and $913,920. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$116,416 for 308 sqft more living space. Net adjustment: +$116,416.
Adjusted +$92,604 for 245 sqft more living space. Net adjustment: +$92,604.
Adjusted +$106,589 for 282 sqft more living space. Net adjustment: +$106,589.
Adjusted +$19,655 for 52 sqft more living space and -$11,306 for being older. Net adjustment: +$8,349.
Adjusted -$6,048 for 16 sqft less living space and -$33,918 for being older. Net adjustment: -$39,966.
The Neighborhood
This home is valued 7.2% 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
typicalThis home is +7.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,403 across all districts. With a homestead exemption claimed, that drops to $13,710 — saving $1,693 per year. That's $1,143 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% | $8,451 |
| Williamson County | County | 0.3694% | $2,873 |
| Cedar Park | City | 0.3600% | $2,799 |
| Austin Community College | special | 0.1034% | $804 |
| Williamson County FM/Rd | County | 0.0443% | $345 |
| Upper Brushy Creek WCID | Water | 0.0170% | $132 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,403 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $837,477 would pay approximately $5,228 per month (principal and interest only, excluding taxes and insurance).