1602 TEXAS OAK WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $218,823 and $549,950, with a best estimate of $312,958. That places the property below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$312,958
$354,432
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $218,823 and $549,950. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$137,901 for 475 sqft more living space. Net adjustment: +$137,901.
Adjusted -$103,643 for 357 sqft less living space. Net adjustment: -$103,643.
Adjusted -$53,128 for 183 sqft less living space and -$4,482 for being older. Net adjustment: -$57,610.
Adjusted -$42,386 for 146 sqft less living space and -$40,342 for being older. Net adjustment: -$82,728.
Adjusted +$167,804 for 578 sqft more living space and -$31,377 for being older. Net adjustment: +$136,427.
The Neighborhood
This home is valued 5.9% below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
typicalThis home is -5.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,715 across all districts. With a homestead exemption claimed, that drops to $5,127 — saving $1,588 per year. That's $427 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% | $3,852 |
| Williamson County | County | 0.3694% | $1,309 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $969 |
| Austin Community College | special | 0.1034% | $366 |
| Williamson County FM/Rd | County | 0.0443% | $157 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,715 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $312,958 would pay approximately $1,953 per month (principal and interest only, excluding taxes and insurance).