504 SPRING ARBOR LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $638,476 and $1,063,003, with a best estimate of $868,659. That places the property above the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$868,659
$732,963
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $638,476 and $1,063,003. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$6,546 for 19 sqft more living space and -$16,113 for being older. Net adjustment: -$9,567.
Adjusted +$233,244 for 677 sqft more living space and -$6,445 for being older. Net adjustment: +$226,799.
Adjusted -$199,136 for 578 sqft less living space and -$12,891 for being older. Net adjustment: -$212,027.
Adjusted -$26,184 for 76 sqft less living space. Net adjustment: -$26,184.
Adjusted +$88,543 for 257 sqft more living space and -$12,891 for being older. Net adjustment: +$75,652.
The Neighborhood
This home is valued 3.3% above the L305606D - Red Oaks N. of Little Elm median of $709,809. With 445 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is +3.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,521 across all districts. With a homestead exemption claimed, that drops to $12,837 — saving $1,684 per year. That's $1,070 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% | $7,967 |
| Williamson County | County | 0.3694% | $2,708 |
| Cedar Park | City | 0.3600% | $2,639 |
| Austin Community College | special | 0.1034% | $758 |
| Williamson County FM/Rd | County | 0.0443% | $325 |
| Upper Brushy Creek WCID | Water | 0.0170% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,521 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $868,659 would pay approximately $5,422 per month (principal and interest only, excluding taxes and insurance).