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1513 TIMBERWOOD DR, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

4 bed2 bath1,295 sqftBuilt 1996

Property at a Glance

This home is estimated between $151,292 and $468,959, with a best estimate of $310,897. That places the property below the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.

Estimated Value Range

$151,292 $468,959
Best Estimate
$310,897
WCAD Value
$394,404
Medium Confidence

Based on 5 comparable properties(3 in the same subdivision)

Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $151,292 and $468,959. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

1507 TIMBERWOOD DR, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
4 bed 2 bath 2,145 sqft Built 1996
Raw Value $360,825
Adjusted Value $151,292

Adjusted -$209,533 for 850 sqft less living space. Net adjustment: -$209,533.

3 bed 2 bath 1,290 sqft Built 1995
Raw Value $300,154
Adjusted Value $310,897

Adjusted +$1,233 for 5 sqft more living space and +$9,510 for being newer. Net adjustment: +$10,743.

1505 TIMBERWOOD DR, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
4 bed 2 bath 1,022 sqft Built 1996
Raw Value $401,662
Adjusted Value $468,959

Adjusted +$67,297 for 273 sqft more living space. Net adjustment: +$67,297.

1503 TIMBERWOOD DR, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,568 sqft Built 1996
Raw Value $341,793
Adjusted Value $274,496

Adjusted -$67,297 for 273 sqft less living space. Net adjustment: -$67,297.

4 bed 2 bath 1,153 sqft Built 1997
Raw Value $386,468
Adjusted Value $411,962

Adjusted +$35,004 for 142 sqft more living space and -$9,510 for being older. Net adjustment: +$25,494.

The Neighborhood

This home is valued 7.3% above the L222499G - CARRIAGE HILLS median of $367,409. With 1,265 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.2% over the past year.

L222499G - CARRIAGE HILLS

typical
1,265 Properties
$367,409 Median Value
-7.2% YoY Change
1% Have Pool
100% Have Garage
This Home
$394,404
Median
$367,409

This home is +7.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $7,813 across all districts. With a homestead exemption claimed, that drops to $6,201 — saving $1,612 per year. That's $517 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,287
Williamson CountyCounty0.3694%$1,457
Cedar ParkCity0.3600%$1,420
Austin Community Collegespecial0.1034%$408
Williamson County FM/RdCounty0.0443%$175
Upper Brushy Creek WCIDWater0.0170%$67
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$7,813

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $310,897 would pay approximately $1,941 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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