203 CHERRY LAUREL DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $411,096 and $619,876, with a best estimate of $554,228. That places the property above the L368498F - West Park Estates K&B median of $524,438, in a neighborhood that appreciated 16.5% over the past year.
Estimated Value Range
$554,228
$501,790
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L368498F - West Park Estates K&B, this home's estimated market value is between $411,096 and $619,876. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$82,054 for 235 sqft more living space and -$3,702 for being older. Net adjustment: +$78,352.
Adjusted +$145,951 for 418 sqft more living space and +$7,405 for being newer. Net adjustment: +$153,356.
Adjusted +$149,792 for 429 sqft more living space. Net adjustment: +$149,792.
Adjusted +$100,211 for 287 sqft more living space. Net adjustment: +$100,211.
Adjusted -$136,873 for 392 sqft less living space and +$3,702 for being newer. Net adjustment: -$133,171.
The Neighborhood
This home is valued 4.3% below the L368498F - West Park Estates K&B median of $524,438. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 16.5% over the past year.
L368498F - West Park Estates K&B
typicalThis home is -4.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,941 across all districts. With a homestead exemption claimed, that drops to $8,308 — saving $1,633 per year. That's $692 per month a buyer should budget. The assessed value increased +12.8% vs the subdivision average of +16.5%. This increase gives a protest opportunity score of 30 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $5,454 |
| Williamson County | County | 0.3694% | $1,854 |
| Cedar Park | City | 0.3600% | $1,806 |
| Austin Community College | special | 0.1034% | $519 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,941 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $554,228 would pay approximately $3,459 per month (principal and interest only, excluding taxes and insurance).