2005 LOBELIA DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $463,831 and $578,119, with a best estimate of $513,482. That places the property above 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
$513,482
$467,974
Based on 5 comparable properties(2 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 $463,831 and $578,119 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$139,643 for 481 sqft more living space and +$4,482 for being newer. Net adjustment: +$144,125.
Adjusted -$34,548 for 119 sqft less living space and +$17,930 for being newer. Net adjustment: -$16,618.
Adjusted +$93,773 for 323 sqft more living space and +$4,482 for being newer. Net adjustment: +$98,255.
Adjusted -$9,290 for 32 sqft less living space and -$31,377 for being older. Net adjustment: -$40,667.
Adjusted -$12,484 for 43 sqft less living space and +$8,965 for being newer. Net adjustment: -$3,519.
The Neighborhood
This home is valued 24.3% above the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. With 909 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
above averageThis home is +24.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,866 across all districts. With a homestead exemption claimed, that drops to $7,258 — saving $1,608 per year. That's $605 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% | $5,086 |
| Williamson County | County | 0.3694% | $1,729 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,279 |
| Austin Community College | special | 0.1034% | $484 |
| Williamson County FM/Rd | County | 0.0443% | $207 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $8,866 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $513,482 would pay approximately $3,205 per month (principal and interest only, excluding taxes and insurance).