1207 MEADOW LARK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $419,914 and $626,791, with a best estimate of $559,153. That places the property above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$559,153
$434,288
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L334592F - OAKWOOD GLEN/CYPRESS MILL, this home's estimated market value is between $419,914 and $626,791. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$64,233 for 232 sqft more living space and -$23,640 for being older. Net adjustment: +$40,593.
Adjusted +$15,781 for 57 sqft more living space and -$29,550 for being older. Net adjustment: -$13,769.
Adjusted +$134,004 for 484 sqft more living space and -$23,640 for being older. Net adjustment: +$110,364.
Adjusted +$93,581 for 338 sqft more living space. Net adjustment: +$93,581.
Adjusted +$119,883 for 433 sqft more living space and -$17,730 for being older. Net adjustment: +$102,153.
The Neighborhood
This home is valued 4.8% below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is -4.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,604 across all districts. With a homestead exemption claimed, that drops to $6,984 — saving $1,620 per year. That's $582 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% | $4,720 |
| Williamson County | County | 0.3694% | $1,604 |
| Cedar Park | City | 0.3600% | $1,563 |
| Austin Community College | special | 0.1034% | $449 |
| Williamson County FM/Rd | County | 0.0443% | $193 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,604 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $559,153 would pay approximately $3,490 per month (principal and interest only, excluding taxes and insurance).