120 WALNUT CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $333,753 and $696,185, with a best estimate of $599,302. 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
$599,302
$622,420
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 $333,753 and $696,185. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$15,212 for 48 sqft more living space and -$16,691 for being older. Net adjustment: -$1,479.
Adjusted +$59,579 for 188 sqft more living space and +$8,346 for being newer. Net adjustment: +$67,925.
Adjusted -$201,871 for 637 sqft less living space and -$8,346 for being older. Net adjustment: -$210,217.
Adjusted -$11,409 for 36 sqft less living space. Net adjustment: -$11,409.
Adjusted -$145,461 for 459 sqft less living space and -$8,346 for being older. Net adjustment: -$153,807.
The Neighborhood
This home is valued 4.5% 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 +4.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,331 across all districts. With a homestead exemption claimed, that drops to $10,672 — saving $1,659 per year. That's $889 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% | $6,765 |
| Williamson County | County | 0.3694% | $2,300 |
| Cedar Park | City | 0.3600% | $2,241 |
| Austin Community College | special | 0.1034% | $644 |
| Williamson County FM/Rd | County | 0.0443% | $276 |
| Upper Brushy Creek WCID | Water | 0.0170% | $106 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,331 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $599,302 would pay approximately $3,741 per month (principal and interest only, excluding taxes and insurance).