1015 SAVANNA LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $388,876 and $809,520, with a best estimate of $528,825. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$528,825
$448,859
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $388,876 and $809,520. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$91,270 for 288 sqft less living space and +$16,691 for being newer. Net adjustment: -$74,579.
Adjusted +$114,404 for 361 sqft more living space and +$41,728 for being newer. Net adjustment: +$156,132.
Adjusted -$122,644 for 387 sqft less living space and +$41,728 for being newer. Net adjustment: -$80,916.
Adjusted +$176,835 for 558 sqft more living space and +$8,346 for being newer. Net adjustment: +$185,181.
Adjusted +$119,792 for 378 sqft more living space. Net adjustment: +$119,792.
The Neighborhood
This home is valued 24.6% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
below averageThis home is -24.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,892 across all districts. With a homestead exemption claimed, that drops to $7,270 — saving $1,622 per year. That's $606 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% | $4,879 |
| Williamson County | County | 0.3694% | $1,658 |
| Cedar Park | City | 0.3600% | $1,616 |
| Austin Community College | special | 0.1034% | $464 |
| Williamson County FM/Rd | County | 0.0443% | $199 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,892 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $528,825 would pay approximately $3,301 per month (principal and interest only, excluding taxes and insurance).