1008 OLD MILL RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $462,652 and $798,660, with a best estimate of $505,681. That places the property above the L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL median of $490,420, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$505,681
$464,160
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 $462,652 and $798,660. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$22,350 for 83 sqft more living space and -$8,448 for being older. Net adjustment: +$13,902.
Adjusted -$40,661 for 151 sqft less living space and -$4,224 for being older. Net adjustment: -$44,885.
Adjusted +$133,561 for 496 sqft more living space and -$8,448 for being older and -$61,475 for no pool. Net adjustment: +$63,638.
Adjusted +$28,543 for 106 sqft more living space and +$33,794 for being newer. Net adjustment: +$62,337.
Adjusted +$147,025 for 546 sqft more living space and -$8,448 for being older. Net adjustment: +$138,577.
The Neighborhood
This home is valued 5.4% below the L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL median of $490,420. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL
typicalThis home is -5.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,793 across all districts. With a homestead exemption claimed, that drops to $7,186 — saving $1,607 per year. That's $599 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% | $5,045 |
| Williamson County | County | 0.3694% | $1,715 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,269 |
| Austin Community College | special | 0.1034% | $480 |
| Williamson County FM/Rd | County | 0.0443% | $206 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $8,793 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $505,681 would pay approximately $3,156 per month (principal and interest only, excluding taxes and insurance).