705 BIG SPRING DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $117,347 and $394,789, with a best estimate of $314,460. That places the property below the L451404G - CEDAR PARK TOWNCENTER median of $367,655, in a neighborhood that appreciated 1.7% over the past year.
Estimated Value Range
$314,460
$344,468
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L451404G - CEDAR PARK TOWNCENTER, this home's estimated market value is between $117,347 and $394,789. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$168,202 for 484 sqft less living space and -$23,970 for no garage. Net adjustment: -$192,172.
Adjusted +$45,526 for 131 sqft more living space and -$23,970 for no garage. Net adjustment: +$21,556.
Adjusted -$209,210 for 602 sqft less living space and +$1,524 for being newer and -$23,970 for no garage. Net adjustment: -$231,656.
Adjusted +$45,526 for 131 sqft more living space and -$23,970 for no garage. Net adjustment: +$21,556.
Adjusted -$70,547 for 203 sqft less living space and +$1,524 for being newer and -$23,970 for no garage. Net adjustment: -$92,993.
The Neighborhood
This home is valued 6.3% below the L451404G - CEDAR PARK TOWNCENTER median of $367,655. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.7% over the past year.
L451404G - CEDAR PARK TOWNCENTER
typicalThis home is -6.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,824 across all districts. With a homestead exemption claimed, that drops to $5,221 — saving $1,603 per year. That's $435 per month a buyer should budget. The assessed value increased +6.9% vs the subdivision average of +1.7%. This above-average increase gives a protest opportunity score of 31 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $3,744 |
| Williamson County | County | 0.3694% | $1,273 |
| Cedar Park | City | 0.3600% | $1,240 |
| Austin Community College | special | 0.1034% | $356 |
| Williamson County FM/Rd | County | 0.0443% | $153 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,824 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,460 would pay approximately $1,963 per month (principal and interest only, excluding taxes and insurance).