1016 SAVANNA LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $511,520 and $651,469, with a best estimate of $571,503. 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
$571,503
$483,852
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 $511,520 and $651,469. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$31,374 for 99 sqft more living space and +$16,691 for being newer. Net adjustment: +$48,065.
Adjusted +$41,728 for being newer. Net adjustment: +$41,728.
Adjusted +$242,436 for 765 sqft more living space. Net adjustment: +$242,436.
Adjusted +$125,496 for 396 sqft more living space. Net adjustment: +$125,496.
Adjusted +$122,644 for 387 sqft more living space. Net adjustment: +$122,644.
The Neighborhood
This home is valued 18.7% 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
below averageThis home is -18.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,585 across all districts. With a homestead exemption claimed, that drops to $7,956 — saving $1,629 per year. That's $663 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% | $5,259 |
| Williamson County | County | 0.3694% | $1,788 |
| Cedar Park | City | 0.3600% | $1,742 |
| Austin Community College | special | 0.1034% | $500 |
| Williamson County FM/Rd | County | 0.0443% | $214 |
| Upper Brushy Creek WCID | Water | 0.0170% | $82 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,585 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $571,503 would pay approximately $3,567 per month (principal and interest only, excluding taxes and insurance).