2705 BIG MEADOW DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $278,901 and $452,018, with a best estimate of $409,003. That places the property below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$409,003
$486,027
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L334592F - OAKWOOD GLEN/CYPRESS MILL, this home's estimated market value is between $278,901 and $452,018. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$25,749 for 93 sqft more living space and -$5,910 for being older. Net adjustment: +$19,839.
Adjusted -$107,424 for 388 sqft less living space. Net adjustment: -$107,424.
Adjusted -$147,847 for 534 sqft less living space and +$23,640 for being newer. Net adjustment: -$124,207.
Adjusted +$25,749 for 93 sqft more living space and -$5,910 for being older. Net adjustment: +$19,839.
Adjusted -$121,545 for 439 sqft less living space and +$5,910 for being newer. Net adjustment: -$115,635.
The Neighborhood
This home is valued 6.5% above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. With 602 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +6.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,629 across all districts. With a homestead exemption claimed, that drops to $7,999 — saving $1,630 per year. That's $667 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% | $5,283 |
| Williamson County | County | 0.3694% | $1,796 |
| Cedar Park | City | 0.3600% | $1,750 |
| Austin Community College | special | 0.1034% | $503 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,629 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $409,003 would pay approximately $2,553 per month (principal and interest only, excluding taxes and insurance).