506 ROLLING BROOK LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $586,392 and $637,495, with a best estimate of $622,708. That places the property below the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$622,708
$576,427
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $586,392 and $637,495. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$74,073 for 215 sqft more living space. Net adjustment: +$74,073.
Adjusted +$77,863 for 226 sqft more living space and +$3,223 for being newer. Net adjustment: +$81,086.
Adjusted +$6,546 for 19 sqft more living space and +$3,223 for being newer. Net adjustment: +$9,769.
Adjusted +$73,040 for 212 sqft more living space. Net adjustment: +$73,040.
Adjusted +$42,721 for 124 sqft more living space and -$3,223 for being older. Net adjustment: +$39,498.
The Neighborhood
This home is valued 18.8% below the L305606D - Red Oaks N. of Little Elm median of $709,809. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
below averageThis home is -18.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,419 across all districts. With a homestead exemption claimed, that drops to $9,771 — saving $1,648 per year. That's $814 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% | $6,265 |
| Williamson County | County | 0.3694% | $2,130 |
| Cedar Park | City | 0.3600% | $2,075 |
| Austin Community College | special | 0.1034% | $596 |
| Williamson County FM/Rd | County | 0.0443% | $256 |
| Upper Brushy Creek WCID | Water | 0.0170% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,419 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $622,708 would pay approximately $3,887 per month (principal and interest only, excluding taxes and insurance).