124 WALNUT CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $364,916 and $727,347, with a best estimate of $630,466. 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
$630,466
$638,675
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 $364,916 and $727,347. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$38,029 for 120 sqft more living space and -$8,346 for being older. Net adjustment: +$29,683.
Adjusted +$82,396 for 260 sqft more living space and +$16,691 for being newer. Net adjustment: +$99,087.
Adjusted -$179,054 for 565 sqft less living space. Net adjustment: -$179,054.
Adjusted +$11,409 for 36 sqft more living space and +$8,346 for being newer. Net adjustment: +$19,755.
Adjusted -$122,644 for 387 sqft less living space. Net adjustment: -$122,644.
The Neighborhood
This home is valued 7.3% 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 +7.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,653 across all districts. With a homestead exemption claimed, that drops to $10,990 — saving $1,663 per year. That's $916 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% | $6,942 |
| Williamson County | County | 0.3694% | $2,360 |
| Cedar Park | City | 0.3600% | $2,299 |
| Austin Community College | special | 0.1034% | $660 |
| Williamson County FM/Rd | County | 0.0443% | $283 |
| Upper Brushy Creek WCID | Water | 0.0170% | $109 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,653 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $630,466 would pay approximately $3,935 per month (principal and interest only, excluding taxes and insurance).