207 PARKWAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $210,787 and $481,899, with a best estimate of $347,532. That places the property below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$347,532
$326,487
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $210,787 and $481,899. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$53,965 for 191 sqft less living space. Net adjustment: -$53,965.
Adjusted +$171,783 for 608 sqft more living space and -$3,675 for being older. Net adjustment: +$168,108.
Adjusted +$18,930 for 67 sqft more living space and -$3,675 for being older. Net adjustment: +$15,255.
Adjusted -$166,415 for 589 sqft less living space. Net adjustment: -$166,415.
Adjusted -$16,105 for 57 sqft less living space and -$11,026 for being older. Net adjustment: -$27,131.
The Neighborhood
This home is valued 34.1% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
below averageThis home is -34.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,468 across all districts. With a homestead exemption claimed, that drops to $4,868 — saving $1,600 per year. That's $406 per month a buyer should budget. The assessed value increased +9.8% vs the subdivision average of -6.2%. This above-average increase gives a protest opportunity score of 65 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,549 |
| Williamson County | County | 0.3694% | $1,206 |
| Cedar Park | City | 0.3600% | $1,175 |
| Austin Community College | special | 0.1034% | $338 |
| Williamson County FM/Rd | County | 0.0443% | $145 |
| Upper Brushy Creek WCID | Water | 0.0170% | $56 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,468 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $347,532 would pay approximately $2,169 per month (principal and interest only, excluding taxes and insurance).