1402 CHALK LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $414,627 and $599,953, with a best estimate of $499,444. That places the property above the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$499,444
$582,630
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $414,627 and $599,953. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$21,068 for 65 sqft less living space and +$25,126 for being newer. Net adjustment: +$4,058.
Adjusted +$21,068 for 65 sqft more living space and +$18,845 for being newer. Net adjustment: +$39,913.
Adjusted +$42,785 for 132 sqft more living space and +$6,282 for being newer. Net adjustment: +$49,067.
Adjusted -$146,183 for 451 sqft less living space. Net adjustment: -$146,183.
Adjusted -$23,661 for 73 sqft less living space and +$6,282 for being newer. Net adjustment: -$17,379.
The Neighborhood
This home is valued 17.4% above the L330590G - Cypress Bend Sec 1 median of $496,124. With 1,281 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
above averageThis home is +17.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,843 across all districts. With a homestead exemption claimed, that drops to $9,214 — saving $1,629 per year. That's $768 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% | $6,333 |
| Williamson County | County | 0.3694% | $2,153 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,398 |
| Austin Community College | special | 0.1034% | $602 |
| Williamson County FM/Rd | County | 0.0443% | $258 |
| Upper Brushy Creek WCID | Water | 0.0170% | $99 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $10,843 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $499,444 would pay approximately $3,118 per month (principal and interest only, excluding taxes and insurance).