505 ORCHARD ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $131,711 and $429,284, with a best estimate of $327,521. That places the property above the L265493H - High Meadows, All Secs - Main St & Austin Custom median of $319,772, in a neighborhood that declined 5.1% over the past year.
Estimated Value Range
$327,521
$312,865
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L265493H - High Meadows, All Secs - Main St & Austin Custom. The estimated range of $131,711 and $429,284 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$18,032 for 77 sqft more living space and +$26,578 for being newer. Net adjustment: +$44,610.
Adjusted -$26,229 for 112 sqft less living space and +$35,438 for being newer. Net adjustment: +$9,209.
Adjusted -$160,416 for 685 sqft less living space and -$31,008 for being older. Net adjustment: -$191,424.
Adjusted -$66,742 for 285 sqft less living space and -$31,008 for being older. Net adjustment: -$97,750.
Adjusted -$72,831 for 311 sqft less living space and +$31,008 for being newer. Net adjustment: -$41,823.
The Neighborhood
This home is valued 2.2% below the L265493H - High Meadows, All Secs - Main St & Austin Custom median of $319,772. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.1% over the past year.
L265493H - High Meadows, All Secs - Main St & Austin Custom
typicalThis home is -2.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,198 across all districts. With a homestead exemption claimed, that drops to $4,601 — saving $1,597 per year. That's $383 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% | $3,401 |
| Williamson County | County | 0.3694% | $1,156 |
| Cedar Park | City | 0.3600% | $1,126 |
| Austin Community College | special | 0.1034% | $324 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Upper Brushy Creek WCID | Water | 0.0170% | $53 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,198 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $327,521 would pay approximately $2,044 per month (principal and interest only, excluding taxes and insurance).