119 WALNUT CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $409,811 and $772,243, with a best estimate of $675,361. 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
$675,361
$483,243
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 $409,811 and $772,243. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$91,270 for 288 sqft more living space and -$16,691 for being older. Net adjustment: +$74,579.
Adjusted +$135,637 for 428 sqft more living space and +$8,346 for being newer. Net adjustment: +$143,983.
Adjusted -$125,813 for 397 sqft less living space and -$8,346 for being older. Net adjustment: -$134,159.
Adjusted +$64,650 for 204 sqft more living space. Net adjustment: +$64,650.
Adjusted -$69,403 for 219 sqft less living space and -$8,346 for being older. Net adjustment: -$77,749.
The Neighborhood
This home is valued 18.8% 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
below averageThis home is -18.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,573 across all districts. With a homestead exemption claimed, that drops to $7,944 — saving $1,629 per year. That's $662 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% | $5,252 |
| Williamson County | County | 0.3694% | $1,785 |
| Cedar Park | City | 0.3600% | $1,740 |
| Austin Community College | special | 0.1034% | $500 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,573 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $675,361 would pay approximately $4,216 per month (principal and interest only, excluding taxes and insurance).