1318 MESQUITE RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $271,897 and $600,441, with a best estimate of $431,266. That places the property below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$431,266
$510,584
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $271,897 and $600,441. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$26,025 for 94 sqft more living space and -$11,820 for being older. Net adjustment: +$14,205.
Adjusted +$8,583 for 31 sqft more living space and -$5,910 for being older. Net adjustment: +$2,673.
Adjusted -$44,852 for 162 sqft less living space. Net adjustment: -$44,852.
Adjusted +$44,299 for 160 sqft more living space. Net adjustment: +$44,299.
Adjusted -$193,253 for 698 sqft less living space and +$5,910 for being newer. Net adjustment: -$187,343.
The Neighborhood
This home is valued 11.9% above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. With 602 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +11.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,115 across all districts. With a homestead exemption claimed, that drops to $8,481 — saving $1,634 per year. That's $707 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% | $5,550 |
| Williamson County | County | 0.3694% | $1,886 |
| Cedar Park | City | 0.3600% | $1,838 |
| Austin Community College | special | 0.1034% | $528 |
| Williamson County FM/Rd | County | 0.0443% | $226 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,115 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $431,266 would pay approximately $2,692 per month (principal and interest only, excluding taxes and insurance).