103 PARKWAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $194,972 and $466,084, with a best estimate of $331,717. 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
$331,717
$324,470
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $194,972 and $466,084. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,806 for 286 sqft less living space and +$11,026 for being newer. Net adjustment: -$69,780.
Adjusted +$144,942 for 513 sqft more living space and +$7,351 for being newer. Net adjustment: +$152,293.
Adjusted -$7,911 for 28 sqft less living space and +$7,351 for being newer. Net adjustment: -$560.
Adjusted -$193,256 for 684 sqft less living space and +$11,026 for being newer. Net adjustment: -$182,230.
Adjusted -$42,946 for 152 sqft less living space. Net adjustment: -$42,946.
The Neighborhood
This home is valued 34.6% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
below averageThis home is -34.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,428 across all districts. With a homestead exemption claimed, that drops to $4,828 — saving $1,600 per year. That's $402 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% | $3,527 |
| Williamson County | County | 0.3694% | $1,199 |
| Cedar Park | City | 0.3600% | $1,168 |
| Austin Community College | special | 0.1034% | $336 |
| Williamson County FM/Rd | County | 0.0443% | $144 |
| Upper Brushy Creek WCID | Water | 0.0170% | $55 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,428 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $331,717 would pay approximately $2,071 per month (principal and interest only, excluding taxes and insurance).