1506 MERGANSER LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $541,468 and $689,309, with a best estimate of $575,074. 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
$575,074
$656,860
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 $541,468 and $689,309. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$91,587 for 289 sqft more living space and +$8,346 for being newer. Net adjustment: +$99,933.
Adjusted +$5,387 for 17 sqft more living space and +$41,728 for being newer. Net adjustment: +$47,115.
Adjusted +$951 for 3 sqft more living space and -$8,346 for being older. Net adjustment: -$7,395.
Adjusted -$64,333 for 203 sqft less living space. Net adjustment: -$64,333.
Adjusted -$107,115 for 338 sqft less living space and +$8,346 for being newer. Net adjustment: -$98,769.
The Neighborhood
This home is valued 10.3% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is +10.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,013 across all districts. With a homestead exemption claimed, that drops to $11,346 — saving $1,667 per year. That's $946 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% | $7,139 |
| Williamson County | County | 0.3694% | $2,427 |
| Cedar Park | City | 0.3600% | $2,365 |
| Austin Community College | special | 0.1034% | $679 |
| Williamson County FM/Rd | County | 0.0443% | $291 |
| Upper Brushy Creek WCID | Water | 0.0170% | $112 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,013 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $575,074 would pay approximately $3,590 per month (principal and interest only, excluding taxes and insurance).