1503 PARKE BLUFF BND, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $666,953 and $1,222,075, with a best estimate of $870,348. That places the property below the L325617A - WESTPARK-MARKS PLACE median of $1,019,977, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$870,348
$859,132
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325617A - WESTPARK-MARKS PLACE, this home's estimated market value is between $666,953 and $1,222,075. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$183,041 for 504 sqft less living space and -$21,071 for being older. Net adjustment: -$204,112.
Adjusted +$204,832 for 564 sqft more living space and -$21,071 for being older. Net adjustment: +$183,761.
Adjusted -$416,200 for 1,146 sqft less living space and -$10,536 for being older. Net adjustment: -$426,736.
Adjusted -$167,061 for 460 sqft less living space. Net adjustment: -$167,061.
Adjusted -$149,266 for 411 sqft less living space and -$10,536 for being older. Net adjustment: -$159,802.
The Neighborhood
This home is valued 15.8% below the L325617A - WESTPARK-MARKS PLACE median of $1,019,977. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
L325617A - WESTPARK-MARKS PLACE
below averageThis home is -15.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $17,020 across all districts. With a homestead exemption claimed, that drops to $15,309 — saving $1,711 per year. That's $1,276 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% | $9,338 |
| Williamson County | County | 0.3694% | $3,174 |
| Cedar Park | City | 0.3600% | $3,093 |
| Austin Community College | special | 0.1034% | $888 |
| Williamson County FM/Rd | County | 0.0443% | $381 |
| Upper Brushy Creek WCID | Water | 0.0170% | $146 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $17,020 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $870,348 would pay approximately $5,433 per month (principal and interest only, excluding taxes and insurance).