505 WILLIAMS WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $701,541 and $1,069,429, with a best estimate of $779,261. That places the property above the R235607D - WALSH TRAILS median of $686,099, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$779,261
$643,573
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $701,541 and $1,069,429. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$133,067 for 383 sqft more living space and +$4,471 for being newer. Net adjustment: +$137,538.
Adjusted +$316,859 for 912 sqft more living space and -$4,471 for being older. Net adjustment: +$312,388.
Adjusted +$6,601 for 19 sqft more living space and -$13,412 for being older. Net adjustment: -$6,811.
Adjusted +$255,016 for 734 sqft more living space and -$13,412 for being older. Net adjustment: +$241,604.
Adjusted +$190,046 for 547 sqft more living space and +$13,412 for being newer and +$60,193 for having a garage. Net adjustment: +$263,651.
The Neighborhood
This home is valued 6.2% below the R235607D - WALSH TRAILS median of $686,099. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.
R235607D - WALSH TRAILS
typicalThis home is -6.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,502 across all districts. With a homestead exemption claimed, that drops to $10,110 — saving $1,392 per year. That's $843 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 |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $5,748 |
| Williamson County | County | 0.3694% | $2,378 |
| Cedar Park | City | 0.3600% | $2,317 |
| Austin Community College | special | 0.1034% | $665 |
| Williamson County FM/Rd | County | 0.0443% | $285 |
| Upper Brushy Creek WCID | Water | 0.0170% | $109 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $11,502 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $779,261 would pay approximately $4,864 per month (principal and interest only, excluding taxes and insurance).