1515 FLYWAY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $322,025 and $717,395, with a best estimate of $681,033. That places the property above 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
$681,033
$707,813
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $322,025 and $717,395. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$62,114 for 196 sqft less living space and -$8,346 for being older. Net adjustment: -$70,460.
Adjusted -$317,860 for 1,003 sqft less living space and -$25,037 for being older. Net adjustment: -$342,897.
Adjusted +$47,220 for 149 sqft more living space and -$52,548 for no pool. Net adjustment: -$5,328.
Adjusted +$94,439 for 298 sqft more living space and -$8,346 for being older. Net adjustment: +$86,093.
Adjusted +$27,254 for 86 sqft more living space and -$33,383 for being older. Net adjustment: -$6,129.
The Neighborhood
This home is valued 18.9% 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
above averageThis home is +18.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,022 across all districts. With a homestead exemption claimed, that drops to $12,344 — saving $1,678 per year. That's $1,029 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% | $7,693 |
| Williamson County | County | 0.3694% | $2,615 |
| Cedar Park | City | 0.3600% | $2,548 |
| Austin Community College | special | 0.1034% | $732 |
| Williamson County FM/Rd | County | 0.0443% | $314 |
| Upper Brushy Creek WCID | Water | 0.0170% | $120 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,022 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $681,033 would pay approximately $4,251 per month (principal and interest only, excluding taxes and insurance).