1220 MEADOW LARK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $269,104 and $442,221, with a best estimate of $380,805. 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
$380,805
$423,569
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 $269,104 and $442,221. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$163,352 for 590 sqft less living space and -$23,640 for being older. Net adjustment: -$186,992.
Adjusted +$39,592 for 143 sqft more living space and -$29,550 for being older. Net adjustment: +$10,042.
Adjusted -$93,581 for 338 sqft less living space and -$23,640 for being older. Net adjustment: -$117,221.
Adjusted -$134,004 for 484 sqft less living space. Net adjustment: -$134,004.
Adjusted +$39,592 for 143 sqft more living space and -$29,550 for being older. Net adjustment: +$10,042.
The Neighborhood
This home is valued 7.2% below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is -7.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,391 across all districts. With a homestead exemption claimed, that drops to $6,773 — saving $1,618 per year. That's $564 per month a buyer should budget. The assessed value increased +15.5% vs the subdivision average of -1.4%. This above-average increase gives a protest opportunity score of 90 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $4,604 |
| Williamson County | County | 0.3694% | $1,565 |
| Cedar Park | City | 0.3600% | $1,525 |
| Austin Community College | special | 0.1034% | $438 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Upper Brushy Creek WCID | Water | 0.0170% | $72 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,391 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $380,805 would pay approximately $2,377 per month (principal and interest only, excluding taxes and insurance).