1512 ORCHARD FALLS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $542,763 and $980,174, with a best estimate of $661,560. That places the property below 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
$661,560
$766,030
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 $542,763 and $980,174. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$121,962 for 354 sqft more living space and -$6,445 for being older. Net adjustment: +$115,517.
Adjusted +$26,529 for 77 sqft more living space and -$12,891 for being older. Net adjustment: +$13,638.
Adjusted -$79,586 for 231 sqft less living space and -$12,891 for being older. Net adjustment: -$92,477.
Adjusted -$25,839 for 75 sqft less living space and -$9,668 for being older. Net adjustment: -$35,507.
Adjusted +$270,453 for 785 sqft more living space and -$6,445 for being older. Net adjustment: +$264,008.
The Neighborhood
This home is valued 7.9% above the L305606D - Red Oaks N. of Little Elm median of $709,809. With 445 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is +7.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,176 across all districts. With a homestead exemption claimed, that drops to $13,485 — saving $1,691 per year. That's $1,124 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% | $8,326 |
| Williamson County | County | 0.3694% | $2,830 |
| Cedar Park | City | 0.3600% | $2,758 |
| Austin Community College | special | 0.1034% | $792 |
| Williamson County FM/Rd | County | 0.0443% | $340 |
| Upper Brushy Creek WCID | Water | 0.0170% | $130 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,176 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $661,560 would pay approximately $4,129 per month (principal and interest only, excluding taxes and insurance).