406 MESA VERDE ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $209,272 and $286,949, with a best estimate of $228,951. That places the property below the L375482H - Park Place Sec 1 & 2 median of $372,368, in a neighborhood that declined 1.7% over the past year.
Estimated Value Range
$228,951
$442,534
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L375482H - Park Place Sec 1 & 2, this home's estimated market value is between $209,272 and $286,949. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$127,432 for 529 sqft less living space and -$6,922 for being older. Net adjustment: -$134,354.
Adjusted -$122,614 for 509 sqft less living space and -$3,461 for being older. Net adjustment: -$126,075.
Adjusted -$141,404 for 587 sqft less living space and -$3,461 for being older. Net adjustment: -$144,865.
Adjusted -$89,612 for 372 sqft less living space and +$31,151 for being newer and +$13,028 for having a garage. Net adjustment: -$45,433.
Adjusted -$139,958 for 581 sqft less living space and -$3,461 for being older. Net adjustment: -$143,419.
The Neighborhood
This home is valued 18.8% above the L375482H - Park Place Sec 1 & 2 median of $372,368. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.7% over the past year.
L375482H - Park Place Sec 1 & 2
above averageThis home is +18.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,767 across all districts. With a homestead exemption claimed, that drops to $7,146 — saving $1,621 per year. That's $596 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% | $4,810 |
| Williamson County | County | 0.3694% | $1,635 |
| Cedar Park | City | 0.3600% | $1,593 |
| Austin Community College | special | 0.1034% | $458 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,767 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $228,951 would pay approximately $1,429 per month (principal and interest only, excluding taxes and insurance).