1405 ORCHARD FALLS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $582,218 and $1,001,860, with a best estimate of $980,625. That places the property above the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$980,625
$555,480
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $582,218 and $1,001,860. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$36,175 for 105 sqft more living space. Net adjustment: +$36,175.
Adjusted +$296,637 for 861 sqft more living space. Net adjustment: +$296,637.
Adjusted -$59,259 for 172 sqft less living space and -$6,445 for being older. Net adjustment: -$65,704.
Adjusted +$300,427 for 872 sqft more living space and +$6,445 for being newer. Net adjustment: +$306,872.
Adjusted +$274,243 for 796 sqft more living space and +$9,668 for being newer. Net adjustment: +$283,911.
The Neighborhood
This home is valued 21.7% below the L305606D - Red Oaks N. of Little Elm median of $709,809. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
below averageThis home is -21.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,004 across all districts. With a homestead exemption claimed, that drops to $9,360 — saving $1,644 per year. That's $780 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% | $6,038 |
| Williamson County | County | 0.3694% | $2,052 |
| Cedar Park | City | 0.3600% | $2,000 |
| Austin Community College | special | 0.1034% | $574 |
| Williamson County FM/Rd | County | 0.0443% | $246 |
| Upper Brushy Creek WCID | Water | 0.0170% | $94 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,004 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $980,625 would pay approximately $6,121 per month (principal and interest only, excluding taxes and insurance).