301 PARKWAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $190,302 and $461,414, with a best estimate of $327,047. 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
$327,047
$341,679
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 $190,302 and $461,414. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$72,612 for 257 sqft less living space and -$1,838 for being older. Net adjustment: -$74,450.
Adjusted +$153,136 for 542 sqft more living space and -$5,513 for being older. Net adjustment: +$147,623.
Adjusted +$283 for 1 sqft more living space and -$5,513 for being older. Net adjustment: -$5,230.
Adjusted -$185,062 for 655 sqft less living space and -$1,838 for being older. Net adjustment: -$186,900.
Adjusted -$34,752 for 123 sqft less living space and -$12,864 for being older. Net adjustment: -$47,616.
The Neighborhood
This home is valued 31.1% 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 -31.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,769 across all districts. With a homestead exemption claimed, that drops to $5,166 — saving $1,603 per year. That's $431 per month a buyer should budget. The assessed value increased +3.2% vs the subdivision average of -6.2%. This above-average increase gives a protest opportunity score of 47 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,714 |
| Williamson County | County | 0.3694% | $1,262 |
| Cedar Park | City | 0.3600% | $1,230 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,769 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $327,047 would pay approximately $2,041 per month (principal and interest only, excluding taxes and insurance).