120 DRIFTWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $1,014,946 and $1,360,970, with a best estimate of $1,233,943. That places the property above the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$1,233,943
$712,813
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $1,014,946 and $1,360,970. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$528,030 for 1,397 sqft more living space and -$22,612 for being older. Net adjustment: +$505,418.
Adjusted +$311,073 for 823 sqft more living space and +$22,612 for being newer. Net adjustment: +$333,685.
Adjusted +$497,792 for 1,317 sqft more living space and +$67,836 for being newer. Net adjustment: +$565,628.
Adjusted +$201,838 for 534 sqft more living space and +$124,366 for being newer. Net adjustment: +$326,204.
Adjusted +$152,701 for 404 sqft more living space and -$90,448 for being older. Net adjustment: +$62,253.
The Neighborhood
This home is valued 7.3% below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L543514A - Ranch at Brushy Creek - Section 8A
typicalThis home is -7.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $12,740 across all districts. With a homestead exemption claimed, that drops to $11,332 — saving $1,408 per year. That's $944 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 |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $6,366 |
| Williamson County | County | 0.3694% | $2,633 |
| Cedar Park | City | 0.3600% | $2,566 |
| Austin Community College | special | 0.1034% | $737 |
| Williamson County FM/Rd | County | 0.0443% | $316 |
| Upper Brushy Creek WCID | Water | 0.0170% | $121 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $12,740 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,233,943 would pay approximately $7,702 per month (principal and interest only, excluding taxes and insurance).