1515 E PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $320,524 and $803,402, with a best estimate of $523,995. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$523,995
$648,475
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L526504D - FOREST OAKS SEC 12 & 14. The estimated range of $320,524 and $803,402 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$10,775 for 34 sqft more living space and +$16,691 for being newer. Net adjustment: +$27,466.
Adjusted -$14,895 for 47 sqft less living space and -$8,346 for being older. Net adjustment: -$23,241.
Adjusted -$205,674 for 649 sqft less living space and -$16,691 for being older. Net adjustment: -$222,365.
Adjusted +$317 for 1 sqft more living space and -$16,691 for being older. Net adjustment: -$16,374.
Adjusted +$36,128 for 114 sqft more living space and -$33,383 for being older. Net adjustment: +$2,745.
The Neighborhood
This home is valued 8.9% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is +8.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,847 across all districts. With a homestead exemption claimed, that drops to $11,182 — saving $1,665 per year. That's $932 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% | $7,048 |
| Williamson County | County | 0.3694% | $2,396 |
| Cedar Park | City | 0.3600% | $2,335 |
| Austin Community College | special | 0.1034% | $671 |
| Williamson County FM/Rd | County | 0.0443% | $287 |
| Upper Brushy Creek WCID | Water | 0.0170% | $110 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,847 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $523,995 would pay approximately $3,271 per month (principal and interest only, excluding taxes and insurance).