1902 TIMBERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $306,239 and $345,655, with a best estimate of $336,382. That places the property below the L227498G - Woods at Carriage Hills Sec 1 & 2 - Horton median of $337,225, in a neighborhood that declined 8.3% over the past year.
Estimated Value Range
$336,382
$316,981
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $306,239 and $345,655. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$11,947 for 59 sqft less living space and +$3,082 for being newer. Net adjustment: -$8,865.
Adjusted +$9,720 for 48 sqft more living space and +$5,137 for being newer. Net adjustment: +$14,857.
Adjusted +$42,119 for 208 sqft more living space and +$3,082 for being newer. Net adjustment: +$45,201.
Adjusted -$8,100 for 40 sqft less living space and -$1,027 for being older. Net adjustment: -$9,127.
Adjusted +$2,835 for 14 sqft more living space and +$1,027 for being newer. Net adjustment: +$3,862.
The Neighborhood
This home is valued 6.0% below the L227498G - Woods at Carriage Hills Sec 1 & 2 - Horton median of $337,225. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.3% over the past year.
L227498G - Woods at Carriage Hills Sec 1 & 2 - Horton
typicalThis home is -6.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,280 across all districts. With a homestead exemption claimed, that drops to $4,681 — saving $1,599 per year. That's $390 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% | $3,445 |
| Williamson County | County | 0.3694% | $1,171 |
| Cedar Park | City | 0.3600% | $1,141 |
| Austin Community College | special | 0.1034% | $328 |
| Williamson County FM/Rd | County | 0.0443% | $141 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,280 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $336,382 would pay approximately $2,100 per month (principal and interest only, excluding taxes and insurance).