117 WALNUT CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $450,375 and $812,808, with a best estimate of $715,925. That places the property above 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
$715,925
$498,623
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 $450,375 and $812,808. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$176,202 for 556 sqft more living space and +$8,346 for being newer. Net adjustment: +$184,548.
Adjusted -$85,249 for 269 sqft less living space and -$8,346 for being older. Net adjustment: -$93,595.
Adjusted +$105,214 for 332 sqft more living space. Net adjustment: +$105,214.
Adjusted -$28,839 for 91 sqft less living space and -$8,346 for being older. Net adjustment: -$37,185.
Adjusted +$141,975 for 448 sqft more living space. Net adjustment: +$141,975.
The Neighborhood
This home is valued 16.3% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
below averageThis home is -16.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,878 across all districts. With a homestead exemption claimed, that drops to $8,246 — saving $1,632 per year. That's $687 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% | $5,420 |
| Williamson County | County | 0.3694% | $1,842 |
| Cedar Park | City | 0.3600% | $1,795 |
| Austin Community College | special | 0.1034% | $516 |
| Williamson County FM/Rd | County | 0.0443% | $221 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,878 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $715,925 would pay approximately $4,469 per month (principal and interest only, excluding taxes and insurance).