1503 TEXAS OAK WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $185,674 and $360,031, with a best estimate of $242,874. That places the property below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$242,874
$330,124
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn. The estimated range of $185,674 and $360,031 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$64,451 for 222 sqft less living space. Net adjustment: -$64,451.
Adjusted -$24,096 for 83 sqft less living space and -$44,825 for being older. Net adjustment: -$68,921.
Adjusted -$85,644 for 295 sqft less living space and +$8,965 for being newer. Net adjustment: -$76,679.
Adjusted +$59,225 for 204 sqft more living space and +$26,895 for being newer. Net adjustment: +$86,120.
Adjusted -$67,644 for 233 sqft less living space and -$40,342 for being older. Net adjustment: -$107,986.
The Neighborhood
This home is valued 12.3% below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
typicalThis home is -12.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,254 across all districts. With a homestead exemption claimed, that drops to $4,671 — saving $1,583 per year. That's $389 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% | $3,588 |
| Williamson County | County | 0.3694% | $1,220 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $903 |
| Austin Community College | special | 0.1034% | $341 |
| Williamson County FM/Rd | County | 0.0443% | $146 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $6,254 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $242,874 would pay approximately $1,516 per month (principal and interest only, excluding taxes and insurance).