1504 OAK TREE LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $330,398 and $862,324, with a best estimate of $415,345. That places the property below the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$415,345
$708,725
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $330,398 and $862,324. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$174,675 for 507 sqft less living space and -$3,223 for being older. Net adjustment: -$177,898.
Adjusted +$106,114 for 308 sqft more living space and -$3,223 for being older. Net adjustment: +$102,891.
Adjusted +$138,844 for 403 sqft more living space and -$3,223 for being older. Net adjustment: +$135,621.
Adjusted -$132,298 for 384 sqft less living space. Net adjustment: -$132,298.
Adjusted -$265,630 for 771 sqft less living space and -$3,223 for being older. Net adjustment: -$268,853.
The Neighborhood
This home is in line with the L305606D - Red Oaks N. of Little Elm median of $709,809. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is -0.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,040 across all districts. With a homestead exemption claimed, that drops to $12,362 — saving $1,678 per year. That's $1,030 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% | $7,703 |
| Williamson County | County | 0.3694% | $2,618 |
| Cedar Park | City | 0.3600% | $2,551 |
| Austin Community College | special | 0.1034% | $733 |
| Williamson County FM/Rd | County | 0.0443% | $314 |
| Upper Brushy Creek WCID | Water | 0.0170% | $120 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,040 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $415,345 would pay approximately $2,593 per month (principal and interest only, excluding taxes and insurance).