305 LYNNWOOD TRL S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $455,702 and $744,840, with a best estimate of $491,302. That places the property below 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
$491,302
$493,074
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 $455,702 and $744,840. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$30,740 for 97 sqft more living space and +$33,383 for being newer. Net adjustment: +$64,123.
Adjusted -$54,192 for 171 sqft less living space and +$8,346 for being newer. Net adjustment: -$45,846.
Adjusted -$54,192 for 171 sqft less living space and +$8,346 for being newer. Net adjustment: -$45,846.
Adjusted -$20,599 for 65 sqft less living space and +$8,346 for being newer. Net adjustment: -$12,253.
Adjusted +$42,466 for 134 sqft more living space and -$25,037 for being older. Net adjustment: +$17,429.
The Neighborhood
This home is valued 17.2% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
below averageThis home is -17.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,768 across all districts. With a homestead exemption claimed, that drops to $8,137 — saving $1,631 per year. That's $678 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% | $5,359 |
| Williamson County | County | 0.3694% | $1,822 |
| Cedar Park | City | 0.3600% | $1,775 |
| Austin Community College | special | 0.1034% | $510 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,768 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $491,302 would pay approximately $3,067 per month (principal and interest only, excluding taxes and insurance).