406 S LYNNWOOD TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $280,682 and $551,218, with a best estimate of $524,274. That places the property below 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
$524,274
$611,304
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 $280,682 and $551,218. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$3,169 for 10 sqft less living space and -$33,383 for being older. Net adjustment: -$36,552.
Adjusted -$123,595 for 390 sqft less living space and -$41,728 for being older. Net adjustment: -$165,323.
Adjusted -$219,301 for 692 sqft less living space. Net adjustment: -$219,301.
Adjusted +$25,987 for 82 sqft more living space and +$33,383 for being newer. Net adjustment: +$59,370.
Adjusted -$126,130 for 398 sqft less living space and +$16,691 for being newer. Net adjustment: -$109,439.
The Neighborhood
This home is valued 2.7% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is +2.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,110 across all districts. With a homestead exemption claimed, that drops to $10,454 — saving $1,656 per year. That's $871 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% | $6,644 |
| Williamson County | County | 0.3694% | $2,258 |
| Cedar Park | City | 0.3600% | $2,201 |
| Austin Community College | special | 0.1034% | $632 |
| Williamson County FM/Rd | County | 0.0443% | $271 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,110 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $524,274 would pay approximately $3,273 per month (principal and interest only, excluding taxes and insurance).