1018 SAVANNA LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $474,785 and $583,275, with a best estimate of $544,500. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$544,500
$539,259
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $474,785 and $583,275. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$64,333 for 203 sqft more living space and +$25,037 for being newer. Net adjustment: +$89,370.
Adjusted -$56,410 for 178 sqft less living space and +$25,037 for being newer. Net adjustment: -$31,373.
Adjusted -$59,579 for 188 sqft less living space. Net adjustment: -$59,579.
Adjusted +$91,904 for 290 sqft more living space and -$8,346 for being older. Net adjustment: +$83,558.
Adjusted +$29,156 for 92 sqft more living space and +$25,037 for being newer. Net adjustment: +$54,193.
The Neighborhood
This home is valued 9.4% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -9.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,683 across all districts. With a homestead exemption claimed, that drops to $9,042 — saving $1,641 per year. That's $754 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% | $5,861 |
| Williamson County | County | 0.3694% | $1,992 |
| Cedar Park | City | 0.3600% | $1,941 |
| Austin Community College | special | 0.1034% | $558 |
| Williamson County FM/Rd | County | 0.0443% | $239 |
| Upper Brushy Creek WCID | Water | 0.0170% | $92 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,683 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $544,500 would pay approximately $3,399 per month (principal and interest only, excluding taxes and insurance).