1221 PEYTON PL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $339,807 and $666,628, with a best estimate of $634,440. That places the property above the L531401G - Forest Oaks - PUD - Milburn median of $372,512, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$634,440
$359,272
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 $339,807 and $666,628. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$35,976 for 87 sqft less living space and +$4,877 for being newer. Net adjustment: -$31,099.
Adjusted -$19,022 for 46 sqft less living space and +$4,877 for being newer. Net adjustment: -$14,145.
Adjusted +$260,103 for 629 sqft more living space and +$4,877 for being newer. Net adjustment: +$264,980.
Adjusted +$230,744 for 558 sqft more living space and +$4,877 for being newer. Net adjustment: +$235,621.
Adjusted +$236,533 for 572 sqft more living space. Net adjustment: +$236,533.
The Neighborhood
This home is valued 3.6% below the L531401G - Forest Oaks - PUD - Milburn median of $372,512. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.6% over the past year.
L531401G - Forest Oaks - PUD - Milburn
typicalThis home is -3.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,117 across all districts. With a homestead exemption claimed, that drops to $5,511 — saving $1,606 per year. That's $459 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% | $3,905 |
| Williamson County | County | 0.3694% | $1,327 |
| Cedar Park | City | 0.3600% | $1,293 |
| Austin Community College | special | 0.1034% | $371 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,117 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $634,440 would pay approximately $3,960 per month (principal and interest only, excluding taxes and insurance).