216 ESCARPMENT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $611,816 and $711,622, with a best estimate of $677,530. That places the property below the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$677,530
$682,153
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $611,816 and $711,622. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$4,179 for 14 sqft less living space. Net adjustment: -$4,179.
Adjusted -$148,968 for 499 sqft less living space. Net adjustment: -$148,968.
Adjusted -$9,553 for 32 sqft less living space and +$3,602 for being newer. Net adjustment: -$5,951.
Adjusted -$121,204 for 406 sqft less living space and +$3,602 for being newer. Net adjustment: -$117,602.
Adjusted -$45,676 for 153 sqft less living space and +$3,602 for being newer. Net adjustment: -$42,074.
The Neighborhood
This home is valued 10.0% below the L325513C - Parkwest Estates median of $757,960. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
typicalThis home is -10.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,514 across all districts. With a homestead exemption claimed, that drops to $11,842 — saving $1,672 per year. That's $987 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% | $7,414 |
| Williamson County | County | 0.3694% | $2,520 |
| Cedar Park | City | 0.3600% | $2,456 |
| Austin Community College | special | 0.1034% | $705 |
| Williamson County FM/Rd | County | 0.0443% | $302 |
| Upper Brushy Creek WCID | Water | 0.0170% | $116 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,514 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $677,530 would pay approximately $4,229 per month (principal and interest only, excluding taxes and insurance).