305 TRAILRIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $508,287 and $873,543, with a best estimate of $537,422. 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
$537,422
$527,632
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 $508,287 and $873,543. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$43,734 for 138 sqft less living space and -$8,346 for being older. Net adjustment: -$52,080.
Adjusted +$194,266 for 613 sqft more living space. Net adjustment: +$194,266.
Adjusted +$45,318 for 143 sqft more living space and -$8,346 for being older. Net adjustment: +$36,972.
Adjusted -$127,081 for 401 sqft less living space. Net adjustment: -$127,081.
Adjusted +$80,495 for 254 sqft more living space and -$8,346 for being older. Net adjustment: +$72,149.
The Neighborhood
This home is valued 11.4% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -11.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,453 across all districts. With a homestead exemption claimed, that drops to $8,815 — saving $1,638 per year. That's $735 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% | $5,735 |
| Williamson County | County | 0.3694% | $1,949 |
| Cedar Park | City | 0.3600% | $1,899 |
| Austin Community College | special | 0.1034% | $546 |
| Williamson County FM/Rd | County | 0.0443% | $234 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,453 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $537,422 would pay approximately $3,355 per month (principal and interest only, excluding taxes and insurance).