221 ESCARPMENT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $660,582 and $973,687, with a best estimate of $690,789. 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
$690,789
$743,883
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 $660,582 and $973,687. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$75,529 for 253 sqft less living space. Net adjustment: -$75,529.
Adjusted -$134,041 for 449 sqft less living space and +$3,602 for being newer. Net adjustment: -$130,439.
Adjusted -$15,822 for 53 sqft less living space and -$7,203 for being older. Net adjustment: -$23,025.
Adjusted -$29,853 for 100 sqft less living space and +$3,602 for being newer. Net adjustment: -$26,251.
Adjusted -$5,971 for 20 sqft less living space and +$3,602 for being newer. Net adjustment: -$2,369.
The Neighborhood
This home is valued 1.9% 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 -1.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,737 across all districts. With a homestead exemption claimed, that drops to $13,051 — saving $1,686 per year. That's $1,088 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% | $8,085 |
| Williamson County | County | 0.3694% | $2,748 |
| Cedar Park | City | 0.3600% | $2,678 |
| Austin Community College | special | 0.1034% | $769 |
| Williamson County FM/Rd | County | 0.0443% | $330 |
| Upper Brushy Creek WCID | Water | 0.0170% | $126 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,737 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $690,789 would pay approximately $4,312 per month (principal and interest only, excluding taxes and insurance).