402 TRAILRIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $499,569 and $850,812, with a best estimate of $662,768. 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
$662,768
$508,730
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 $499,569 and $850,812. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$83,030 for 262 sqft less living space. Net adjustment: -$83,030.
Adjusted +$215,815 for 681 sqft more living space and -$16,691 for being older. Net adjustment: +$199,124.
Adjusted +$6,021 for 19 sqft more living space. Net adjustment: +$6,021.
Adjusted +$41,198 for 130 sqft more living space. Net adjustment: +$41,198.
Adjusted +$122,327 for 386 sqft more living space and +$8,346 for being newer. Net adjustment: +$130,673.
The Neighborhood
This home is valued 14.6% 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 -14.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,078 across all districts. With a homestead exemption claimed, that drops to $8,444 — saving $1,634 per year. That's $704 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% | $5,529 |
| Williamson County | County | 0.3694% | $1,879 |
| Cedar Park | City | 0.3600% | $1,831 |
| Austin Community College | special | 0.1034% | $526 |
| Williamson County FM/Rd | County | 0.0443% | $226 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,078 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $662,768 would pay approximately $4,137 per month (principal and interest only, excluding taxes and insurance).