1222 MEADOW LARK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $246,306 and $429,509, with a best estimate of $415,391. That places the property below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$415,391
$409,931
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L334592F - OAKWOOD GLEN/CYPRESS MILL, this home's estimated market value is between $246,306 and $429,509. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$22,703 for 82 sqft more living space and -$35,459 for being older. Net adjustment: -$12,756.
Adjusted -$150,892 for 545 sqft less living space and -$5,910 for being older. Net adjustment: -$156,802.
Adjusted +$22,703 for 82 sqft more living space and -$35,459 for being older. Net adjustment: -$12,756.
Adjusted +$47,621 for 172 sqft more living space and -$35,459 for being older. Net adjustment: +$12,162.
Adjusted -$16,889 for 61 sqft less living space and -$5,910 for being older. Net adjustment: -$22,799.
The Neighborhood
This home is valued 10.2% below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is -10.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,121 across all districts. With a homestead exemption claimed, that drops to $6,506 — saving $1,615 per year. That's $542 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% | $4,456 |
| Williamson County | County | 0.3694% | $1,514 |
| Cedar Park | City | 0.3600% | $1,476 |
| Austin Community College | special | 0.1034% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $182 |
| Upper Brushy Creek WCID | Water | 0.0170% | $70 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,121 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $415,391 would pay approximately $2,593 per month (principal and interest only, excluding taxes and insurance).