501 W PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $9,881 and $442,505, with a best estimate of $195,315. That places the property below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$195,315
$724,188
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $9,881 and $442,505 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$61,028 for 216 sqft more living space and -$3,675 for being older. Net adjustment: +$57,353.
Adjusted -$206,818 for 732 sqft less living space and -$36,755 for being older. Net adjustment: -$243,573.
Adjusted -$64,419 for 228 sqft less living space and -$49,619 for being older. Net adjustment: -$114,038.
Adjusted -$14,409 for 51 sqft less living space and -$56,970 for being older. Net adjustment: -$71,379.
Adjusted -$141,834 for 502 sqft less living space and -$33,079 for being older. Net adjustment: -$174,913.
The Neighborhood
This home is valued 46.1% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +46.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,347 across all districts. With a homestead exemption claimed, that drops to $12,665 — saving $1,682 per year. That's $1,055 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% | $7,871 |
| Williamson County | County | 0.3694% | $2,675 |
| Cedar Park | City | 0.3600% | $2,607 |
| Austin Community College | special | 0.1034% | $749 |
| Williamson County FM/Rd | County | 0.0443% | $321 |
| Upper Brushy Creek WCID | Water | 0.0170% | $123 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,347 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $195,315 would pay approximately $1,219 per month (principal and interest only, excluding taxes and insurance).