121 WALNUT CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $577,111 and $990,109, with a best estimate of $881,904. That places the property above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$881,904
$543,970
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $577,111 and $990,109. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$190,463 for 601 sqft more living space and +$8,346 for being newer. Net adjustment: +$198,809.
Adjusted +$56,410 for 178 sqft more living space. Net adjustment: +$56,410.
Adjusted +$227,224 for 717 sqft more living space and +$8,346 for being newer. Net adjustment: +$235,570.
Adjusted +$235,147 for 742 sqft more living space. Net adjustment: +$235,147.
Adjusted +$316,593 for 999 sqft more living space. Net adjustment: +$316,593.
The Neighborhood
This home is valued 8.6% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -8.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,776 across all districts. With a homestead exemption claimed, that drops to $9,135 — saving $1,641 per year. That's $761 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% | $5,912 |
| Williamson County | County | 0.3694% | $2,010 |
| Cedar Park | City | 0.3600% | $1,958 |
| Austin Community College | special | 0.1034% | $562 |
| Williamson County FM/Rd | County | 0.0443% | $241 |
| Upper Brushy Creek WCID | Water | 0.0170% | $92 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,776 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $881,904 would pay approximately $5,505 per month (principal and interest only, excluding taxes and insurance).