1516 BIG MEADOW DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $417,675 and $547,379, with a best estimate of $492,853. That places the property above the L360479H - Shenandoah - All Sections median of $352,063, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$492,853
$379,546
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L360479H - Shenandoah - All Sections, this home's estimated market value is between $417,675 and $547,379. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$106,517 for 430 sqft more living space and -$4,885 for being older. Net adjustment: +$101,632.
Adjusted -$54,993 for 222 sqft less living space and +$4,885 for being newer. Net adjustment: -$50,108.
Adjusted +$190,740 for 770 sqft more living space. Net adjustment: +$190,740.
Adjusted -$5,697 for 23 sqft less living space. Net adjustment: -$5,697.
Adjusted +$127,821 for 516 sqft more living space. Net adjustment: +$127,821.
The Neighborhood
This home is valued 7.8% above the L360479H - Shenandoah - All Sections median of $352,063. With 442 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
typicalThis home is +7.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,498 across all districts. With a homestead exemption claimed, that drops to $4,906 — saving $1,592 per year. That's $409 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% | $4,125 |
| Williamson County | County | 0.3694% | $1,402 |
| Austin Community College | special | 0.1034% | $392 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $345 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $6,498 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $492,853 would pay approximately $3,076 per month (principal and interest only, excluding taxes and insurance).