507 MONARCH AVE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $849,498 and $1,309,376, with a best estimate of $913,403. That places the property above the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$913,403
$995,463
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $849,498 and $1,309,376. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$122,697 for 411 sqft more living space and +$3,602 for being newer. Net adjustment: +$126,299.
Adjusted +$174,642 for 585 sqft more living space and -$18,008 for being older. Net adjustment: +$156,634.
Adjusted +$161,506 for 541 sqft more living space and +$25,211 for being newer. Net adjustment: +$186,717.
Adjusted +$194,942 for 653 sqft more living space and +$3,602 for being newer. Net adjustment: +$198,544.
Adjusted +$105,084 for 352 sqft more living space and +$28,813 for being newer. Net adjustment: +$133,897.
The Neighborhood
This home is valued 31.3% above the L325513C - Parkwest Estates median of $757,960. With 166 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
above averageThis home is +31.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $19,721 across all districts. With a homestead exemption claimed, that drops to $17,979 — saving $1,742 per year. That's $1,498 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% | $10,820 |
| Williamson County | County | 0.3694% | $3,678 |
| Cedar Park | City | 0.3600% | $3,584 |
| Austin Community College | special | 0.1034% | $1,029 |
| Williamson County FM/Rd | County | 0.0443% | $441 |
| Upper Brushy Creek WCID | Water | 0.0170% | $169 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $19,721 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $913,403 would pay approximately $5,701 per month (principal and interest only, excluding taxes and insurance).