223 ESCARPMENT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $695,809 and $1,008,914, with a best estimate of $726,016. That places the property below the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$726,016
$934,048
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $695,809 and $1,008,914. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$40,302 for 135 sqft less living space. Net adjustment: -$40,302.
Adjusted -$98,814 for 331 sqft less living space and +$3,602 for being newer. Net adjustment: -$95,212.
Adjusted +$19,405 for 65 sqft more living space and -$7,203 for being older. Net adjustment: +$12,202.
Adjusted +$5,374 for 18 sqft more living space and +$3,602 for being newer. Net adjustment: +$8,976.
Adjusted +$29,256 for 98 sqft more living space and +$3,602 for being newer. Net adjustment: +$32,858.
The Neighborhood
This home is valued 23.2% above the L325513C - Parkwest Estates median of $757,960. With 166 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
above averageThis home is +23.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,504 across all districts. With a homestead exemption claimed, that drops to $16,776 — saving $1,728 per year. That's $1,398 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% | $10,152 |
| Williamson County | County | 0.3694% | $3,451 |
| Cedar Park | City | 0.3600% | $3,363 |
| Austin Community College | special | 0.1034% | $966 |
| Williamson County FM/Rd | County | 0.0443% | $414 |
| Upper Brushy Creek WCID | Water | 0.0170% | $159 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $18,504 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $726,016 would pay approximately $4,532 per month (principal and interest only, excluding taxes and insurance).