1506 BIG MEADOW DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $367,389 and $497,093, with a best estimate of $442,566. That places the property above the L360479H - Shenandoah - All Sections median of $352,063, in a neighborhood that declined 7.7% over the past year.
Estimated Value Range
$442,566
$368,162
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L360479H - Shenandoah - All Sections, this home's estimated market value is between $367,389 and $497,093. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$56,231 for 227 sqft more living space and -$4,885 for being older. Net adjustment: +$51,346.
Adjusted -$105,279 for 425 sqft less living space and +$4,885 for being newer. Net adjustment: -$100,394.
Adjusted +$140,454 for 567 sqft more living space. Net adjustment: +$140,454.
Adjusted -$55,984 for 226 sqft less living space. Net adjustment: -$55,984.
Adjusted +$112,710 for 455 sqft more living space. Net adjustment: +$112,710.
The Neighborhood
This home is valued 4.6% above the L360479H - Shenandoah - All Sections median of $352,063. With 442 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.7% over the past year.
L360479H - Shenandoah - All Sections
typicalThis home is +4.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,303 across all districts. With a homestead exemption claimed, that drops to $4,713 — saving $1,590 per year. That's $393 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% | $4,002 |
| Williamson County | County | 0.3694% | $1,360 |
| Austin Community College | special | 0.1034% | $381 |
| Williamson County ESD #11 - Cedar Park | ESD | 0.0909% | $335 |
| Williamson County FM/Rd | County | 0.0443% | $163 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7120% | $6,303 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $442,566 would pay approximately $2,762 per month (principal and interest only, excluding taxes and insurance).