512 LYNNWOOD TRL S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $370,789 and $734,636, with a best estimate of $614,381. That places the property above 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
$614,381
$746,446
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 $370,789 and $734,636. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$103,629 for 327 sqft more living space and -$50,074 for being older. Net adjustment: +$53,555.
Adjusted +$226,907 for 716 sqft more living space. Net adjustment: +$226,907.
Adjusted -$128,982 for 407 sqft less living space and +$8,346 for being newer. Net adjustment: -$120,636.
Adjusted -$16,796 for 53 sqft less living space and -$58,420 for being older. Net adjustment: -$75,216.
Adjusted -$112,503 for 355 sqft less living space and -$16,691 for being older. Net adjustment: -$129,194.
The Neighborhood
This home is valued 25.4% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
above averageThis home is +25.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,788 across all districts. With a homestead exemption claimed, that drops to $13,101 — saving $1,687 per year. That's $1,092 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% | $8,113 |
| Williamson County | County | 0.3694% | $2,758 |
| Cedar Park | City | 0.3600% | $2,687 |
| Austin Community College | special | 0.1034% | $772 |
| Williamson County FM/Rd | County | 0.0443% | $331 |
| Upper Brushy Creek WCID | Water | 0.0170% | $127 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,788 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $614,381 would pay approximately $3,835 per month (principal and interest only, excluding taxes and insurance).