503 MONARCH AVE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $712,391 and $869,164, with a best estimate of $753,560. That places the property below the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$753,560
$787,104
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $712,391 and $869,164. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$86,873 for 291 sqft more living space. Net adjustment: +$86,873.
Adjusted +$107,472 for 360 sqft more living space. Net adjustment: +$107,472.
Adjusted -$122,697 for 411 sqft less living space and -$3,602 for being older. Net adjustment: -$126,299.
Adjusted +$28,361 for 95 sqft more living space and +$46,821 for being newer. Net adjustment: +$75,182.
Adjusted +$105,084 for 352 sqft more living space and +$36,016 for being newer. Net adjustment: +$141,100.
The Neighborhood
This home is valued 3.8% above the L325513C - Parkwest Estates median of $757,960. With 166 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
typicalThis home is +3.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,593 across all districts. With a homestead exemption claimed, that drops to $13,898 — saving $1,695 per year. That's $1,158 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% | $8,555 |
| Williamson County | County | 0.3694% | $2,908 |
| Cedar Park | City | 0.3600% | $2,834 |
| Austin Community College | special | 0.1034% | $814 |
| Williamson County FM/Rd | County | 0.0443% | $349 |
| Upper Brushy Creek WCID | Water | 0.0170% | $134 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,593 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $753,560 would pay approximately $4,704 per month (principal and interest only, excluding taxes and insurance).