1705 PALMETTO DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $337,605 and $644,066, with a best estimate of $556,655. That places the property above the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$556,655
$376,980
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn, this home's estimated market value is between $337,605 and $644,066. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$57,193 for 197 sqft less living space and +$8,965 for being newer. Net adjustment: -$48,228.
Adjusted -$46,451 for 160 sqft less living space and +$8,965 for being newer. Net adjustment: -$37,486.
Adjusted +$157,352 for 542 sqft more living space and +$17,930 for being newer. Net adjustment: +$175,282.
Adjusted +$134,417 for 463 sqft more living space and -$4,482 for being older. Net adjustment: +$129,935.
Adjusted +$164,320 for 566 sqft more living space. Net adjustment: +$164,320.
The Neighborhood
This home is in line with the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
typicalThis home is +0.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,142 across all districts. With a homestead exemption claimed, that drops to $5,550 — saving $1,592 per year. That's $463 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% | $4,097 |
| Williamson County | County | 0.3694% | $1,393 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,031 |
| Austin Community College | special | 0.1034% | $390 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $7,142 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $556,655 would pay approximately $3,475 per month (principal and interest only, excluding taxes and insurance).