1501 PARKE BLUFF BND, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $871,066 and $1,330,347, with a best estimate of $1,126,584. That places the property above the L325617A - WESTPARK-MARKS PLACE median of $1,019,977, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$1,126,584
$1,008,261
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325617A - WESTPARK-MARKS PLACE, this home's estimated market value is between $871,066 and $1,330,347. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$183,041 for 504 sqft more living space and +$21,071 for being newer. Net adjustment: +$204,112.
Adjusted +$15,980 for 44 sqft more living space and +$21,071 for being newer. Net adjustment: +$37,051.
Adjusted +$216,453 for 596 sqft more living space and +$10,536 for being newer. Net adjustment: +$226,989.
Adjusted -$233,159 for 642 sqft less living space and +$10,536 for being newer. Net adjustment: -$222,623.
Adjusted +$289,815 for 798 sqft more living space and +$31,607 for being newer. Net adjustment: +$321,422.
The Neighborhood
This home is valued 1.1% below the L325617A - WESTPARK-MARKS PLACE median of $1,019,977. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
L325617A - WESTPARK-MARKS PLACE
typicalThis home is -1.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $19,974 across all districts. With a homestead exemption claimed, that drops to $18,230 — saving $1,744 per year. That's $1,519 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% | $10,959 |
| Williamson County | County | 0.3694% | $3,725 |
| Cedar Park | City | 0.3600% | $3,630 |
| Austin Community College | special | 0.1034% | $1,043 |
| Williamson County FM/Rd | County | 0.0443% | $447 |
| Upper Brushy Creek WCID | Water | 0.0170% | $171 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $19,974 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,126,584 would pay approximately $7,032 per month (principal and interest only, excluding taxes and insurance).