1500 MERGANSER LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $206,446 and $532,870, with a best estimate of $401,896. 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
$401,896
$479,616
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 $206,446 and $532,870. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$150,532 for 475 sqft less living space. Net adjustment: -$150,532.
Adjusted -$218,034 for 688 sqft less living space and -$8,346 for being older. Net adjustment: -$226,380.
Adjusted -$235,781 for 744 sqft less living space and -$8,346 for being older. Net adjustment: -$244,127.
Adjusted -$240,534 for 759 sqft less living space and -$8,346 for being older. Net adjustment: -$248,880.
Adjusted -$396,454 for 1,251 sqft less living space and -$8,346 for being older. Net adjustment: -$404,800.
The Neighborhood
This home is valued 19.5% 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 -19.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,502 across all districts. With a homestead exemption claimed, that drops to $7,873 — saving $1,629 per year. That's $656 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% | $5,213 |
| Williamson County | County | 0.3694% | $1,772 |
| Cedar Park | City | 0.3600% | $1,727 |
| Austin Community College | special | 0.1034% | $496 |
| Williamson County FM/Rd | County | 0.0443% | $213 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,502 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $401,896 would pay approximately $2,509 per month (principal and interest only, excluding taxes and insurance).