106 MERTZ LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $282,739 and $496,526, with a best estimate of $440,834. That places the property above the L531401G - Forest Oaks - PUD - Milburn median of $372,512, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$440,834
$426,019
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L531401G - Forest Oaks - PUD - Milburn, this home's estimated market value is between $282,739 and $496,526. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$31,841 for 77 sqft more living space. Net adjustment: +$31,841.
Adjusted +$12,406 for 30 sqft more living space. Net adjustment: +$12,406.
Adjusted -$114,958 for 278 sqft less living space. Net adjustment: -$114,958.
Adjusted +$106,688 for 258 sqft more living space. Net adjustment: +$106,688.
Adjusted +$31,841 for 77 sqft more living space and +$14,630 for being newer. Net adjustment: +$46,471.
The Neighborhood
This home is valued 14.4% above the L531401G - Forest Oaks - PUD - Milburn median of $372,512. With 349 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.
L531401G - Forest Oaks - PUD - Milburn
typicalThis home is +14.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,440 across all districts. With a homestead exemption claimed, that drops to $6,821 — saving $1,619 per year. That's $568 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% | $4,630 |
| Williamson County | County | 0.3694% | $1,574 |
| Cedar Park | City | 0.3600% | $1,534 |
| Austin Community College | special | 0.1034% | $441 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,440 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $440,834 would pay approximately $2,752 per month (principal and interest only, excluding taxes and insurance).