1501 W PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $516,920 and $624,404, with a best estimate of $556,180. That places the property above the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$556,180
$758,861
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $516,920 and $624,404. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$66,367 for 289 sqft more living space and -$48,402 for being older. Net adjustment: +$17,965.
Adjusted +$90,250 for 393 sqft more living space and -$46,540 for being older. Net adjustment: +$43,710.
Adjusted +$105,865 for 461 sqft more living space and -$46,540 for being older. Net adjustment: +$59,325.
Adjusted +$173,380 for 755 sqft more living space and -$14,893 for being older. Net adjustment: +$158,487.
Adjusted +$262,482 for 1,143 sqft more living space and -$5,585 for being older. Net adjustment: +$256,897.
The Neighborhood
This home is valued 62.4% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
outlier highThis home is +62.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,034 across all districts. With a homestead exemption claimed, that drops to $13,344 — saving $1,690 per year. That's $1,112 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% | $8,248 |
| Williamson County | County | 0.3694% | $2,804 |
| Cedar Park | City | 0.3600% | $2,732 |
| Austin Community College | special | 0.1034% | $785 |
| Williamson County FM/Rd | County | 0.0443% | $336 |
| Upper Brushy Creek WCID | Water | 0.0170% | $129 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,034 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $556,180 would pay approximately $3,472 per month (principal and interest only, excluding taxes and insurance).