100 MERTZ LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $250,898 and $464,685, with a best estimate of $394,178. That places the property above the L531401G - Forest Oaks - PUD - Milburn median of $372,512, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$394,178
$409,039
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L531401G - Forest Oaks - PUD - Milburn, this home's estimated market value is between $250,898 and $464,685. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$31,841 for 77 sqft less living space. Net adjustment: -$31,841.
Adjusted -$19,435 for 47 sqft less living space. Net adjustment: -$19,435.
Adjusted -$146,799 for 355 sqft less living space. Net adjustment: -$146,799.
Adjusted +$74,847 for 181 sqft more living space. Net adjustment: +$74,847.
Adjusted +$14,630 for being newer. Net adjustment: +$14,630.
The Neighborhood
This home is valued 9.8% above the L531401G - Forest Oaks - PUD - Milburn median of $372,512. With 349 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.
L531401G - Forest Oaks - PUD - Milburn
typicalThis home is +9.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,103 across all districts. With a homestead exemption claimed, that drops to $6,488 — saving $1,615 per year. That's $541 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% | $4,446 |
| Williamson County | County | 0.3694% | $1,511 |
| Cedar Park | City | 0.3600% | $1,473 |
| Austin Community College | special | 0.1034% | $423 |
| Williamson County FM/Rd | County | 0.0443% | $181 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,103 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $394,178 would pay approximately $2,460 per month (principal and interest only, excluding taxes and insurance).