1508 OLD MILL RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $411,158 and $768,638, with a best estimate of $446,325. That places the property below the L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL median of $490,420, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$446,325
$458,413
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL, this home's estimated market value is between $411,158 and $768,638. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$29,620 for 110 sqft less living space and -$16,897 for being older. Net adjustment: -$46,517.
Adjusted -$88,323 for 328 sqft less living space and -$12,673 for being older. Net adjustment: -$100,996.
Adjusted +$145,948 for 542 sqft more living space and -$12,673 for being older. Net adjustment: +$133,275.
Adjusted +$108,519 for 403 sqft more living space and -$16,897 for being older. Net adjustment: +$91,622.
Adjusted -$73,782 for 274 sqft less living space. Net adjustment: -$73,782.
The Neighborhood
This home is valued 6.5% below the L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL median of $490,420. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.2% over the past year.
L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL
typicalThis home is -6.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,685 across all districts. With a homestead exemption claimed, that drops to $7,078 — saving $1,607 per year. That's $590 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% | $4,982 |
| Williamson County | County | 0.3694% | $1,694 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,253 |
| Austin Community College | special | 0.1034% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $8,685 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $446,325 would pay approximately $2,786 per month (principal and interest only, excluding taxes and insurance).