505 MANDARIN FLYWAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $490,956 and $709,817, with a best estimate of $556,132. That places the property below 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
$556,132
$509,894
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 $490,956 and $709,817. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$128,348 for 405 sqft more living space and -$8,346 for being older. Net adjustment: +$120,002.
Adjusted +$48,804 for 154 sqft more living space. Net adjustment: +$48,804.
Adjusted +$139,757 for 441 sqft more living space. Net adjustment: +$139,757.
Adjusted +$8,873 for 28 sqft more living space. Net adjustment: +$8,873.
Adjusted -$85,249 for 269 sqft less living space. Net adjustment: -$85,249.
The Neighborhood
This home is valued 14.4% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -14.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,101 across all districts. With a homestead exemption claimed, that drops to $8,467 — saving $1,634 per year. That's $706 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% | $5,542 |
| Williamson County | County | 0.3694% | $1,884 |
| Cedar Park | City | 0.3600% | $1,836 |
| Austin Community College | special | 0.1034% | $527 |
| Williamson County FM/Rd | County | 0.0443% | $226 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,101 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $556,132 would pay approximately $3,471 per month (principal and interest only, excluding taxes and insurance).