118 S PRIZE OAKS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $455,977 and $533,209, with a best estimate of $466,254. 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
$466,254
$481,707
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $455,977 and $533,209 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$22,046 for 96 sqft more living space and +$5,585 for being newer. Net adjustment: +$27,631.
Adjusted -$919 for 4 sqft less living space and +$1,862 for being newer. Net adjustment: +$943.
This comparable closely matches the subject property's features.
Adjusted -$78,997 for 344 sqft less living space and -$7,446 for being older. Net adjustment: -$86,443.
Adjusted +$114,821 for 500 sqft more living space and +$5,585 for being newer. Net adjustment: +$120,406.
The Neighborhood
This home is valued 3.1% 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
typicalThis home is +3.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,543 across all districts. With a homestead exemption claimed, that drops to $7,914 — saving $1,629 per year. That's $660 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% | $5,236 |
| Williamson County | County | 0.3694% | $1,780 |
| Cedar Park | City | 0.3600% | $1,734 |
| Austin Community College | special | 0.1034% | $498 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,543 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $466,254 would pay approximately $2,910 per month (principal and interest only, excluding taxes and insurance).