1502 OLD MILL RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $387,046 and $750,185, with a best estimate of $618,767. 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
$618,767
$458,679
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL, this home's estimated market value is between $387,046 and $750,185. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$134,908 for 501 sqft more living space. Net adjustment: +$134,908.
Adjusted -$62,742 for 233 sqft less living space and -$4,224 for being older. Net adjustment: -$66,966.
Adjusted -$125,752 for 467 sqft less living space. Net adjustment: -$125,752.
Adjusted +$184,724 for 686 sqft more living space. Net adjustment: +$184,724.
Adjusted +$48,470 for 180 sqft more living space and -$4,224 for being older and -$61,475 for no pool. Net adjustment: -$17,229.
The Neighborhood
This home is valued 6.5% 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 -6.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,690 across all districts. With a homestead exemption claimed, that drops to $7,083 — saving $1,607 per year. That's $590 per month a buyer should budget. The assessed value increased +5.0% vs the subdivision average of -4.2%. This above-average increase gives a protest opportunity score of 46 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,985 |
| Williamson County | County | 0.3694% | $1,695 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,254 |
| Austin Community College | special | 0.1034% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $8,690 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $618,767 would pay approximately $3,862 per month (principal and interest only, excluding taxes and insurance).