705 PRIZE OAKS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $280,011 and $388,047, with a best estimate of $282,764. That places the property below the L355485H - Quarry Oaks median of $341,619, in a neighborhood that declined 15.1% over the past year.
Estimated Value Range
$282,764
$302,582
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $280,011 and $388,047. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$10,251 for 48 sqft more living space and -$13,408 for being older. Net adjustment: -$3,157.
Adjusted -$55,312 for 259 sqft less living space and +$16,760 for being newer. Net adjustment: -$38,552.
Adjusted -$102,722 for 481 sqft less living space and +$16,760 for being newer. Net adjustment: -$85,962.
Adjusted +$24,773 for 116 sqft more living space and -$1,676 for being older. Net adjustment: +$23,097.
Adjusted -$102,936 for 482 sqft less living space. Net adjustment: -$102,936.
The Neighborhood
This home is valued 11.4% below the L355485H - Quarry Oaks median of $341,619. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 15.1% over the past year.
L355485H - Quarry Oaks
typicalThis home is -11.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,994 across all districts. With a homestead exemption claimed, that drops to $4,399 — saving $1,595 per year. That's $367 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% | $3,289 |
| Williamson County | County | 0.3694% | $1,118 |
| Cedar Park | City | 0.3600% | $1,089 |
| Austin Community College | special | 0.1034% | $313 |
| Williamson County FM/Rd | County | 0.0443% | $134 |
| Upper Brushy Creek WCID | Water | 0.0170% | $51 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,994 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $282,764 would pay approximately $1,765 per month (principal and interest only, excluding taxes and insurance).