305 MONARCH CV, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $651,972 and $808,746, with a best estimate of $726,685. That places the property below the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$726,685
$694,725
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 $651,972 and $808,746. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$48,064 for 161 sqft more living space and -$21,610 for being older. Net adjustment: +$26,454.
Adjusted +$68,663 for 230 sqft more living space and -$21,610 for being older. Net adjustment: +$47,053.
Adjusted -$161,506 for 541 sqft less living space and -$25,211 for being older. Net adjustment: -$186,717.
Adjusted -$10,449 for 35 sqft less living space and +$25,211 for being newer. Net adjustment: +$14,762.
Adjusted -$38,809 for 130 sqft less living space and -$21,610 for being older. Net adjustment: -$60,419.
The Neighborhood
This home is valued 8.3% 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 -8.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,496 across all districts. With a homestead exemption claimed, that drops to $10,835 — saving $1,661 per year. That's $903 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% | $6,856 |
| Williamson County | County | 0.3694% | $2,330 |
| Cedar Park | City | 0.3600% | $2,271 |
| Austin Community College | special | 0.1034% | $652 |
| Williamson County FM/Rd | County | 0.0443% | $280 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,496 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $726,685 would pay approximately $4,536 per month (principal and interest only, excluding taxes and insurance).