2718 BIG MEADOW DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $284,452 and $534,343, with a best estimate of $423,690. That places the property below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$423,690
$493,248
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L334592F - OAKWOOD GLEN/CYPRESS MILL, this home's estimated market value is between $284,452 and $534,343. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$100,780 for 364 sqft less living space and +$5,910 for being newer. Net adjustment: -$94,870.
Adjusted -$149,231 for 539 sqft less living space. Net adjustment: -$149,231.
Adjusted +$102,164 for 369 sqft more living space. Net adjustment: +$102,164.
Adjusted -$31,009 for 112 sqft less living space and +$5,910 for being newer. Net adjustment: -$25,099.
Adjusted -$71,432 for 258 sqft less living space and +$29,550 for being newer. Net adjustment: -$41,882.
The Neighborhood
This home is valued 8.1% above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. With 602 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +8.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,772 across all districts. With a homestead exemption claimed, that drops to $8,141 — saving $1,631 per year. That's $678 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% | $5,361 |
| Williamson County | County | 0.3694% | $1,822 |
| Cedar Park | City | 0.3600% | $1,776 |
| Austin Community College | special | 0.1034% | $510 |
| Williamson County FM/Rd | County | 0.0443% | $219 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,772 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $423,690 would pay approximately $2,645 per month (principal and interest only, excluding taxes and insurance).