218 ESCARPMENT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $696,087 and $1,009,193, with a best estimate of $726,295. That places the property below the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$726,295
$719,604
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $696,087 and $1,009,193. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$36,421 for 122 sqft less living space and -$3,602 for being older. Net adjustment: -$40,023.
Adjusted -$94,934 for 318 sqft less living space. Net adjustment: -$94,934.
Adjusted +$23,286 for 78 sqft more living space and -$10,805 for being older. Net adjustment: +$12,481.
Adjusted +$9,255 for 31 sqft more living space. Net adjustment: +$9,255.
Adjusted +$33,137 for 111 sqft more living space. Net adjustment: +$33,137.
The Neighborhood
This home is valued 5.1% below the L325513C - Parkwest Estates median of $757,960. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
typicalThis home is -5.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,256 across all districts. With a homestead exemption claimed, that drops to $12,575 — saving $1,681 per year. That's $1,048 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% | $7,821 |
| Williamson County | County | 0.3694% | $2,659 |
| Cedar Park | City | 0.3600% | $2,591 |
| Austin Community College | special | 0.1034% | $744 |
| Williamson County FM/Rd | County | 0.0443% | $319 |
| Upper Brushy Creek WCID | Water | 0.0170% | $122 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,256 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $726,295 would pay approximately $4,534 per month (principal and interest only, excluding taxes and insurance).