118 WALNUT CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $221,115 and $628,158, with a best estimate of $529,302. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$529,302
$650,235
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $221,115 and $628,158. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$86,199 for 272 sqft less living space and +$8,346 for being newer. Net adjustment: -$77,853.
Adjusted -$157,187 for 496 sqft less living space. Net adjustment: -$157,187.
Adjusted -$291,240 for 919 sqft less living space and -$8,346 for being older. Net adjustment: -$299,586.
Adjusted -$120,426 for 380 sqft less living space. Net adjustment: -$120,426.
Adjusted +$3,486 for 11 sqft more living space. Net adjustment: +$3,486.
The Neighborhood
This home is valued 9.2% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is +9.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,882 across all districts. With a homestead exemption claimed, that drops to $11,216 — saving $1,666 per year. That's $935 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% | $7,067 |
| Williamson County | County | 0.3694% | $2,402 |
| Cedar Park | City | 0.3600% | $2,341 |
| Austin Community College | special | 0.1034% | $672 |
| Williamson County FM/Rd | County | 0.0443% | $288 |
| Upper Brushy Creek WCID | Water | 0.0170% | $111 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,882 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $529,302 would pay approximately $3,304 per month (principal and interest only, excluding taxes and insurance).