605 PALO ALTO LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $339,187 and $670,908, with a best estimate of $364,405. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$364,405
$631,943
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L369599E - Emarald Oaks, this home's estimated market value is between $339,187 and $670,908. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$67,285 for 293 sqft less living space and -$1,862 for being older. Net adjustment: -$69,147.
Adjusted +$47,306 for 206 sqft more living space and -$1,862 for being older. Net adjustment: +$45,444.
Adjusted -$150,646 for 656 sqft less living space and -$1,862 for being older. Net adjustment: -$152,508.
Adjusted -$61,774 for 269 sqft less living space and -$1,862 for being older. Net adjustment: -$63,636.
Adjusted -$80,145 for 349 sqft less living space. Net adjustment: -$80,145.
The Neighborhood
This home is valued 35.3% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
above averageThis home is +35.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,519 across all districts. With a homestead exemption claimed, that drops to $10,858 — saving $1,661 per year. That's $905 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% | $6,869 |
| Williamson County | County | 0.3694% | $2,335 |
| Cedar Park | City | 0.3600% | $2,275 |
| Austin Community College | special | 0.1034% | $653 |
| Williamson County FM/Rd | County | 0.0443% | $280 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,519 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $364,405 would pay approximately $2,275 per month (principal and interest only, excluding taxes and insurance).