616 LYNNWOOD TRL S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $462,250 and $751,388, with a best estimate of $497,849. 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
$497,849
$788,303
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 $462,250 and $751,388. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$70,671 for 223 sqft more living space. Net adjustment: +$70,671.
Adjusted -$14,261 for 45 sqft less living space and -$25,037 for being older. Net adjustment: -$39,298.
Adjusted -$14,261 for 45 sqft less living space and -$25,037 for being older. Net adjustment: -$39,298.
Adjusted +$19,331 for 61 sqft more living space and -$25,037 for being older. Net adjustment: -$5,706.
Adjusted +$82,396 for 260 sqft more living space and -$58,420 for being older. Net adjustment: +$23,976.
The Neighborhood
This home is valued 32.4% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
above averageThis home is +32.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,617 across all districts. With a homestead exemption claimed, that drops to $13,921 — saving $1,696 per year. That's $1,160 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% | $8,568 |
| Williamson County | County | 0.3694% | $2,912 |
| Cedar Park | City | 0.3600% | $2,838 |
| Austin Community College | special | 0.1034% | $815 |
| Williamson County FM/Rd | County | 0.0443% | $349 |
| Upper Brushy Creek WCID | Water | 0.0170% | $134 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,617 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $497,849 would pay approximately $3,108 per month (principal and interest only, excluding taxes and insurance).