1505 BIG MEADOW DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $311,653 and $441,357, with a best estimate of $386,831. That places the property above the L360479H - Shenandoah - All Sections median of $352,063, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$386,831
$357,907
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L360479H - Shenandoah - All Sections, this home's estimated market value is between $311,653 and $441,357. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$495 for 2 sqft more living space and -$4,885 for being older. Net adjustment: -$4,390.
Adjusted -$161,015 for 650 sqft less living space and +$4,885 for being newer. Net adjustment: -$156,130.
Adjusted +$84,718 for 342 sqft more living space. Net adjustment: +$84,718.
Adjusted -$111,719 for 451 sqft less living space. Net adjustment: -$111,719.
Adjusted +$56,974 for 230 sqft more living space. Net adjustment: +$56,974.
The Neighborhood
This home is valued 1.7% above the L360479H - Shenandoah - All Sections median of $352,063. With 442 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
typicalThis home is +1.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,127 across all districts. With a homestead exemption claimed, that drops to $4,540 — saving $1,587 per year. That's $378 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% | $3,890 |
| Williamson County | County | 0.3694% | $1,322 |
| Austin Community College | special | 0.1034% | $370 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $325 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $6,127 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $386,831 would pay approximately $2,415 per month (principal and interest only, excluding taxes and insurance).