1220 PARKER PL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $221,930 and $512,577, with a best estimate of $279,490. That places the property below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$279,490
$347,620
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L256500F - HERITAGE PARK SEC 2,3,4, this home's estimated market value is between $221,930 and $512,577. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$87,763 for 325 sqft less living space. Net adjustment: -$87,763.
Adjusted +$89,923 for 333 sqft more living space and -$3,543 for being older. Net adjustment: +$86,380.
Adjusted +$55,628 for 206 sqft more living space. Net adjustment: +$55,628.
Adjusted -$158,513 for 587 sqft less living space. Net adjustment: -$158,513.
Adjusted -$132,589 for 491 sqft less living space and -$3,543 for being older. Net adjustment: -$136,132.
The Neighborhood
This home is valued 14.0% below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is -14.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,887 across all districts. With a homestead exemption claimed, that drops to $5,283 — saving $1,604 per year. That's $440 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% | $3,778 |
| Williamson County | County | 0.3694% | $1,284 |
| Cedar Park | City | 0.3600% | $1,251 |
| Austin Community College | special | 0.1034% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,887 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $279,490 would pay approximately $1,745 per month (principal and interest only, excluding taxes and insurance).