1118 PEYTON PL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $319,838 and $479,590, with a best estimate of $352,025. That places the property below the L531401G - Forest Oaks - PUD - Milburn median of $372,512, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$352,025
$407,326
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L531401G - Forest Oaks - PUD - Milburn, this home's estimated market value is between $319,838 and $479,590. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$87,666 for 212 sqft more living space and +$9,754 for being newer. Net adjustment: +$97,420.
Adjusted -$49,622 for 120 sqft less living space. Net adjustment: -$49,622.
Adjusted -$78,982 for 191 sqft less living space. Net adjustment: -$78,982.
Adjusted -$73,193 for 177 sqft less living space and -$4,877 for being older. Net adjustment: -$78,070.
Adjusted +$84,358 for 204 sqft more living space. Net adjustment: +$84,358.
The Neighborhood
This home is valued 9.3% above the L531401G - Forest Oaks - PUD - Milburn median of $372,512. With 349 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.
L531401G - Forest Oaks - PUD - Milburn
typicalThis home is +9.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,069 across all districts. With a homestead exemption claimed, that drops to $6,455 — saving $1,614 per year. That's $538 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% | $4,427 |
| Williamson County | County | 0.3694% | $1,505 |
| Cedar Park | City | 0.3600% | $1,466 |
| Austin Community College | special | 0.1034% | $421 |
| Williamson County FM/Rd | County | 0.0443% | $181 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,069 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $352,025 would pay approximately $2,197 per month (principal and interest only, excluding taxes and insurance).