107 PARKWAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $281,282 and $428,903, with a best estimate of $410,779. That places the property below 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
$410,779
$369,218
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $281,282 and $428,903. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$14,692 for 52 sqft more living space and +$1,838 for being newer. Net adjustment: +$16,530.
Adjusted +$87,587 for 310 sqft more living space and -$1,838 for being older. Net adjustment: +$85,749.
Adjusted -$97,758 for 346 sqft less living space and +$1,838 for being newer. Net adjustment: -$95,920.
Adjusted +$52,552 for 186 sqft more living space and -$9,189 for being older. Net adjustment: +$43,363.
Adjusted +$95,498 for 338 sqft more living space and -$9,189 for being older. Net adjustment: +$86,309.
The Neighborhood
This home is valued 25.5% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
below averageThis home is -25.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,314 across all districts. With a homestead exemption claimed, that drops to $5,707 — saving $1,607 per year. That's $476 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% | $4,013 |
| Williamson County | County | 0.3694% | $1,364 |
| Cedar Park | City | 0.3600% | $1,329 |
| Austin Community College | special | 0.1034% | $382 |
| Williamson County FM/Rd | County | 0.0443% | $164 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,314 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $410,779 would pay approximately $2,564 per month (principal and interest only, excluding taxes and insurance).