703 MONARCH AVE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $923,603 and $1,360,328, with a best estimate of $1,058,624. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$1,058,624
$670,260
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $923,603 and $1,360,328 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$42,946 for 152 sqft more living space and +$20,215 for being newer. Net adjustment: +$63,161.
Adjusted +$208,230 for 737 sqft more living space and +$11,026 for being newer. Net adjustment: +$219,256.
Adjusted +$195,799 for 693 sqft more living space and +$33,079 for being newer. Net adjustment: +$228,878.
Adjusted +$159,069 for 563 sqft more living space and +$22,053 for being newer. Net adjustment: +$181,122.
Adjusted +$227,443 for 805 sqft more living space and +$22,053 for being newer. Net adjustment: +$249,496.
The Neighborhood
This home is valued 35.2% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +35.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,278 across all districts. With a homestead exemption claimed, that drops to $11,609 — saving $1,669 per year. That's $967 per month a buyer should budget. The assessed value increased +42.1% vs the subdivision average of -6.2%. This above-average increase gives a protest opportunity score of 100 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,285 |
| Williamson County | County | 0.3694% | $2,476 |
| Cedar Park | City | 0.3600% | $2,413 |
| Austin Community College | special | 0.1034% | $693 |
| Williamson County FM/Rd | County | 0.0443% | $297 |
| Upper Brushy Creek WCID | Water | 0.0170% | $114 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,278 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,058,624 would pay approximately $6,608 per month (principal and interest only, excluding taxes and insurance).