1023 SAVANNA LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $442,704 and $579,338, with a best estimate of $517,307. 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
$517,307
$461,498
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 $442,704 and $579,338. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$13,310 for 42 sqft more living space and +$33,383 for being newer. Net adjustment: +$46,693.
Adjusted -$107,432 for 339 sqft less living space and +$33,383 for being newer. Net adjustment: -$74,049.
Adjusted +$40,881 for 129 sqft more living space. Net adjustment: +$40,881.
Adjusted -$21,867 for 69 sqft less living space and +$33,383 for being newer. Net adjustment: +$11,516.
Adjusted -$45,001 for 142 sqft less living space. Net adjustment: -$45,001.
The Neighborhood
This home is valued 22.5% 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 -22.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,143 across all districts. With a homestead exemption claimed, that drops to $7,518 — saving $1,625 per year. That's $627 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% | $5,016 |
| Williamson County | County | 0.3694% | $1,705 |
| Cedar Park | City | 0.3600% | $1,661 |
| Austin Community College | special | 0.1034% | $477 |
| Williamson County FM/Rd | County | 0.0443% | $205 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,143 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $517,307 would pay approximately $3,229 per month (principal and interest only, excluding taxes and insurance).