1508 MERGANSER LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $512,156 and $735,271, with a best estimate of $606,743. That places the property above 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
$606,743
$744,204
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 $512,156 and $735,271. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$176,202 for 556 sqft less living space and -$8,346 for being older. Net adjustment: -$184,548.
Adjusted -$53,875 for 170 sqft less living space and +$16,691 for being newer. Net adjustment: -$37,184.
Adjusted +$10,141 for 32 sqft more living space and +$41,728 for being newer. Net adjustment: +$51,869.
Adjusted -$104,580 for 330 sqft less living space and +$16,691 for being newer. Net adjustment: -$87,889.
Adjusted -$57,361 for 181 sqft less living space and +$33,383 for being newer. Net adjustment: -$23,978.
The Neighborhood
This home is valued 25.0% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
above averageThis home is +25.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,743 across all districts. With a homestead exemption claimed, that drops to $13,057 — saving $1,686 per year. That's $1,088 per month a buyer should budget. The assessed value increased +1.8% vs the subdivision average of -4.3%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $8,089 |
| Williamson County | County | 0.3694% | $2,749 |
| Cedar Park | City | 0.3600% | $2,679 |
| Austin Community College | special | 0.1034% | $770 |
| Williamson County FM/Rd | County | 0.0443% | $330 |
| Upper Brushy Creek WCID | Water | 0.0170% | $127 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,743 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $606,743 would pay approximately $3,787 per month (principal and interest only, excluding taxes and insurance).