703 WILLIAMS WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $499,893 and $936,648, with a best estimate of $608,063. That places the property below the R235607D - WALSH TRAILS median of $686,099, in a neighborhood that declined 7.1% over the past year.
Estimated Value Range
$608,063
$586,558
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 $499,893 and $936,648. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$101,451 for 292 sqft less living space and +$13,412 for being newer. Net adjustment: -$88,039.
Adjusted +$82,342 for 237 sqft more living space and +$4,471 for being newer. Net adjustment: +$86,813.
Adjusted +$20,499 for 59 sqft more living space and -$4,471 for being older. Net adjustment: +$16,028.
Adjusted +$145,922 for 420 sqft more living space and +$8,941 for being newer. Net adjustment: +$154,863.
Adjusted +$43,082 for 124 sqft more living space and +$13,412 for being newer. Net adjustment: +$56,494.
The Neighborhood
This home is valued 14.5% below the R235607D - WALSH TRAILS median of $686,099. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.1% over the past year.
R235607D - WALSH TRAILS
typicalThis home is -14.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,483 across all districts. With a homestead exemption claimed, that drops to $9,104 — saving $1,379 per year. That's $759 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 |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $5,239 |
| Williamson County | County | 0.3694% | $2,167 |
| Cedar Park | City | 0.3600% | $2,112 |
| Austin Community College | special | 0.1034% | $607 |
| Williamson County FM/Rd | County | 0.0443% | $260 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7873% | $10,483 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $608,063 would pay approximately $3,796 per month (principal and interest only, excluding taxes and insurance).