408 W PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $295,783 and $819,295, with a best estimate of $393,994. 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
$393,994
$739,050
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $295,783 and $819,295 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$164,155 for 581 sqft more living space. Net adjustment: +$164,155.
Adjusted -$41,251 for 146 sqft less living space and -$66,159 for being older. Net adjustment: -$107,410.
Adjusted -$18,082 for 64 sqft less living space and -$53,295 for being older. Net adjustment: -$71,377.
Adjusted +$16,387 for 58 sqft more living space and -$67,997 for being older. Net adjustment: -$51,610.
Adjusted +$103,126 for 365 sqft more living space and -$47,781 for being older. Net adjustment: +$55,345.
The Neighborhood
This home is valued 49.1% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +49.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,633 across all districts. With a homestead exemption claimed, that drops to $9,982 — saving $1,651 per year. That's $832 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% | $6,382 |
| Williamson County | County | 0.3694% | $2,169 |
| Cedar Park | City | 0.3600% | $2,114 |
| Austin Community College | special | 0.1034% | $607 |
| Williamson County FM/Rd | County | 0.0443% | $260 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,633 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,994 would pay approximately $2,459 per month (principal and interest only, excluding taxes and insurance).