1117 MEADOW LARK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $314,620 and $521,497, with a best estimate of $453,858. 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
$453,858
$456,166
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L334592F - OAKWOOD GLEN/CYPRESS MILL, this home's estimated market value is between $314,620 and $521,497. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$52,882 for 191 sqft less living space and -$11,820 for being older. Net adjustment: -$64,702.
Adjusted -$101,333 for 366 sqft less living space and -$17,730 for being older. Net adjustment: -$119,063.
Adjusted +$16,889 for 61 sqft more living space and -$11,820 for being older. Net adjustment: +$5,069.
Adjusted -$23,534 for 85 sqft less living space and +$11,820 for being newer. Net adjustment: -$11,714.
Adjusted +$2,769 for 10 sqft more living space and -$5,910 for being older. Net adjustment: -$3,141.
The Neighborhood
This home is in line with the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is -0.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,037 across all districts. With a homestead exemption claimed, that drops to $7,413 — saving $1,624 per year. That's $618 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% | $4,958 |
| Williamson County | County | 0.3694% | $1,685 |
| Cedar Park | City | 0.3600% | $1,642 |
| Austin Community College | special | 0.1034% | $472 |
| Williamson County FM/Rd | County | 0.0443% | $202 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,037 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $453,858 would pay approximately $2,833 per month (principal and interest only, excluding taxes and insurance).