111 DEREK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $320,042 and $391,837, with a best estimate of $359,061. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$359,061
$419,894
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L369599E - Emarald Oaks. The estimated range of $320,042 and $391,837 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$21,816 for 95 sqft less living space and -$1,862 for being older. Net adjustment: -$23,678.
Adjusted -$56,033 for 244 sqft less living space and -$1,862 for being older. Net adjustment: -$57,895.
Adjusted +$27,787 for 121 sqft more living space and -$9,308 for being older. Net adjustment: +$18,479.
Adjusted -$15,616 for 68 sqft less living space and -$9,308 for being older. Net adjustment: -$24,924.
Adjusted -$35,595 for 155 sqft less living space and -$11,170 for being older. Net adjustment: -$46,765.
The Neighborhood
This home is valued 10.1% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -10.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,318 across all districts. With a homestead exemption claimed, that drops to $6,701 — saving $1,617 per year. That's $558 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% | $4,564 |
| Williamson County | County | 0.3694% | $1,551 |
| Cedar Park | City | 0.3600% | $1,512 |
| Austin Community College | special | 0.1034% | $434 |
| Williamson County FM/Rd | County | 0.0443% | $186 |
| Upper Brushy Creek WCID | Water | 0.0170% | $71 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,318 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $359,061 would pay approximately $2,241 per month (principal and interest only, excluding taxes and insurance).