1501 TERRACE VIEW DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $568,996 and $831,235, with a best estimate of $677,161. That places the property above the L227407G - WHITESTONE OAKS AT ANDERSON MILL RD SEC ONE median of $609,950, in a neighborhood that declined 2.2% over the past year.
Estimated Value Range
$677,161
$709,087
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 $568,996 and $831,235. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$13,611 for 48 sqft less living space and +$4,003 for being newer. Net adjustment: -$9,608.
Adjusted +$24,671 for 87 sqft more living space and -$4,003 for being older. Net adjustment: +$20,668.
Adjusted +$22,402 for 79 sqft more living space and -$12,009 for being older. Net adjustment: +$10,393.
Adjusted -$4,537 for 16 sqft less living space and +$20,014 for being newer. Net adjustment: +$15,477.
Adjusted +$25,238 for 89 sqft more living space and +$20,014 for being newer. Net adjustment: +$45,252.
The Neighborhood
This home is valued 16.3% above the L227407G - WHITESTONE OAKS AT ANDERSON MILL RD SEC ONE median of $609,950. With 296 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.2% over the past year.
L227407G - WHITESTONE OAKS AT ANDERSON MILL RD SEC ONE
above averageThis home is +16.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,048 across all districts. With a homestead exemption claimed, that drops to $12,369 — saving $1,679 per year. That's $1,031 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% | $7,707 |
| Williamson County | County | 0.3694% | $2,620 |
| Cedar Park | City | 0.3600% | $2,553 |
| Austin Community College | special | 0.1034% | $733 |
| Williamson County FM/Rd | County | 0.0443% | $314 |
| Upper Brushy Creek WCID | Water | 0.0170% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,048 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $677,161 would pay approximately $4,227 per month (principal and interest only, excluding taxes and insurance).