1703 TIMBERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $418,490 and $486,933, with a best estimate of $444,316. That places the property above the L227498G - Woods at Carriage Hills Sec 1 & 2 - Horton median of $337,225, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$444,316
$362,510
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $418,490 and $486,933. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$140,328 for 693 sqft more living space and -$1,027 for being older. Net adjustment: +$139,301.
Adjusted +$114,206 for 564 sqft more living space and -$4,110 for being older. Net adjustment: +$110,096.
Adjusted +$5,670 for 28 sqft more living space and -$3,082 for being older. Net adjustment: +$2,588.
Adjusted +$104,689 for 517 sqft more living space and -$1,027 for being older. Net adjustment: +$103,662.
Adjusted -$7,087 for 35 sqft less living space and -$6,164 for being older. Net adjustment: -$13,251.
The Neighborhood
This home is valued 7.5% above the L227498G - Woods at Carriage Hills Sec 1 & 2 - Horton median of $337,225. With 459 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.3% over the past year.
L227498G - Woods at Carriage Hills Sec 1 & 2 - Horton
typicalThis home is +7.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,182 across all districts. With a homestead exemption claimed, that drops to $5,575 — saving $1,607 per year. That's $465 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% | $3,940 |
| Williamson County | County | 0.3694% | $1,339 |
| Cedar Park | City | 0.3600% | $1,305 |
| Austin Community College | special | 0.1034% | $375 |
| Williamson County FM/Rd | County | 0.0443% | $161 |
| Upper Brushy Creek WCID | Water | 0.0170% | $62 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,182 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $444,316 would pay approximately $2,773 per month (principal and interest only, excluding taxes and insurance).