1223 PEYTON PL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $333,812 and $493,563, with a best estimate of $365,999. That places the property below the L531401G - Forest Oaks - PUD - Milburn median of $372,512, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$365,999
$385,094
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L531401G - Forest Oaks - PUD - Milburn, this home's estimated market value is between $333,812 and $493,563. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$96,763 for 234 sqft more living space and +$14,630 for being newer. Net adjustment: +$111,393.
Adjusted -$40,525 for 98 sqft less living space and +$4,877 for being newer. Net adjustment: -$35,648.
Adjusted -$69,885 for 169 sqft less living space and +$4,877 for being newer. Net adjustment: -$65,008.
Adjusted -$64,095 for 155 sqft less living space. Net adjustment: -$64,095.
Adjusted +$93,455 for 226 sqft more living space and +$4,877 for being newer. Net adjustment: +$98,332.
The Neighborhood
This home is valued 3.4% above the L531401G - Forest Oaks - PUD - Milburn median of $372,512. With 349 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.
L531401G - Forest Oaks - PUD - Milburn
typicalThis home is +3.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,629 across all districts. With a homestead exemption claimed, that drops to $6,018 — saving $1,611 per year. That's $502 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% | $4,186 |
| Williamson County | County | 0.3694% | $1,423 |
| Cedar Park | City | 0.3600% | $1,386 |
| Austin Community College | special | 0.1034% | $398 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,629 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $365,999 would pay approximately $2,285 per month (principal and interest only, excluding taxes and insurance).