1225 PEYTON PL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $103,274 and $557,659, with a best estimate of $397,908. That places the property above the L531401G - Forest Oaks - PUD - Milburn median of $372,512, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$397,908
$426,484
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L531401G - Forest Oaks - PUD - Milburn, this home's estimated market value is between $103,274 and $557,659. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$160,859 for 389 sqft more living space and +$14,630 for being newer. Net adjustment: +$175,489.
Adjusted -$272,509 for 659 sqft less living space and +$4,877 for being newer. Net adjustment: -$267,632.
Adjusted -$255,555 for 618 sqft less living space and +$4,877 for being newer. Net adjustment: -$250,678.
Adjusted +$23,571 for 57 sqft more living space and +$4,877 for being newer. Net adjustment: +$28,448.
Adjusted -$5,789 for 14 sqft less living space and +$4,877 for being newer. Net adjustment: -$912.
The Neighborhood
This home is valued 14.5% above the L531401G - Forest Oaks - PUD - Milburn median of $372,512. With 349 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.
L531401G - Forest Oaks - PUD - Milburn
typicalThis home is +14.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,449 across all districts. With a homestead exemption claimed, that drops to $6,831 — saving $1,618 per year. That's $569 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% | $4,635 |
| Williamson County | County | 0.3694% | $1,576 |
| Cedar Park | City | 0.3600% | $1,535 |
| Austin Community College | special | 0.1034% | $441 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,449 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $397,908 would pay approximately $2,484 per month (principal and interest only, excluding taxes and insurance).