228 ESCARPMENT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $692,149 and $950,503, with a best estimate of $773,910. That places the property above the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$773,910
$729,418
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 $692,149 and $950,503. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,108 for 131 sqft more living space and -$3,602 for being older. Net adjustment: +$35,506.
Adjusted -$19,405 for 65 sqft less living space. Net adjustment: -$19,405.
Adjusted +$98,814 for 331 sqft more living space and -$10,805 for being older. Net adjustment: +$88,009.
Adjusted +$108,666 for 364 sqft more living space. Net adjustment: +$108,666.
Adjusted -$69,558 for 233 sqft less living space and -$3,602 for being older. Net adjustment: -$73,160.
The Neighborhood
This home is valued 3.8% below the L325513C - Parkwest Estates median of $757,960. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
typicalThis home is -3.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,450 across all districts. With a homestead exemption claimed, that drops to $12,768 — saving $1,682 per year. That's $1,064 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% | $7,928 |
| Williamson County | County | 0.3694% | $2,695 |
| Cedar Park | City | 0.3600% | $2,626 |
| Austin Community College | special | 0.1034% | $754 |
| Williamson County FM/Rd | County | 0.0443% | $323 |
| Upper Brushy Creek WCID | Water | 0.0170% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,450 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $773,910 would pay approximately $4,831 per month (principal and interest only, excluding taxes and insurance).