1005 SAVANNA LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $214,805 and $572,239, with a best estimate of $497,634. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$497,634
$544,775
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $214,805 and $572,239. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$59,896 for 189 sqft more living space and +$41,728 for being newer. Net adjustment: +$101,624.
Adjusted -$60,847 for 192 sqft less living space and +$41,728 for being newer. Net adjustment: -$19,119.
Adjusted -$297,895 for 940 sqft less living space and +$41,728 for being newer. Net adjustment: -$256,167.
Adjusted -$64,016 for 202 sqft less living space and +$16,691 for being newer. Net adjustment: -$47,325.
Adjusted +$87,467 for 276 sqft more living space and +$8,346 for being newer. Net adjustment: +$95,813.
The Neighborhood
This home is valued 8.5% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -8.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,792 across all districts. With a homestead exemption claimed, that drops to $9,151 — saving $1,641 per year. That's $763 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% | $5,921 |
| Williamson County | County | 0.3694% | $2,013 |
| Cedar Park | City | 0.3600% | $1,961 |
| Austin Community College | special | 0.1034% | $563 |
| Williamson County FM/Rd | County | 0.0443% | $241 |
| Upper Brushy Creek WCID | Water | 0.0170% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,792 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $497,634 would pay approximately $3,106 per month (principal and interest only, excluding taxes and insurance).