1215 PARKER PL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $358,062 and $623,307, with a best estimate of $415,623. That places the property above the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093, in a neighborhood that appreciated 1.2% over the past year.
Estimated Value Range
$415,623
$383,794
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L256500F - HERITAGE PARK SEC 2,3,4, this home's estimated market value is between $358,062 and $623,307. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$44,827 for 166 sqft more living space and +$3,543 for being newer. Net adjustment: +$48,370.
Adjusted +$132,589 for 491 sqft more living space and +$3,543 for being newer. Net adjustment: +$136,132.
Adjusted +$188,217 for 697 sqft more living space and +$3,543 for being newer. Net adjustment: +$191,760.
Adjusted -$25,924 for 96 sqft less living space and +$3,543 for being newer. Net adjustment: -$22,381.
Adjusted +$9,451 for 35 sqft more living space and +$3,543 for being newer. Net adjustment: +$12,994.
The Neighborhood
This home is valued 5.0% below the L256500F - HERITAGE PARK SEC 2,3,4 median of $404,093. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 1.2% over the past year.
L256500F - HERITAGE PARK SEC 2,3,4
typicalThis home is -5.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,603 across all districts. With a homestead exemption claimed, that drops to $5,993 — saving $1,610 per year. That's $499 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% | $4,171 |
| Williamson County | County | 0.3694% | $1,418 |
| Cedar Park | City | 0.3600% | $1,382 |
| Austin Community College | special | 0.1034% | $397 |
| Williamson County FM/Rd | County | 0.0443% | $170 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,603 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $415,623 would pay approximately $2,594 per month (principal and interest only, excluding taxes and insurance).