117 S PRIZE OAKS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $309,432 and $496,579, with a best estimate of $324,886. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$324,886
$396,691
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $309,432 and $496,579. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$159,602 for 695 sqft less living space and +$3,723 for being newer. Net adjustment: -$155,879.
Adjusted -$10,334 for 45 sqft less living space. Net adjustment: -$10,334.
Adjusted -$158,683 for 691 sqft less living space and +$1,862 for being newer. Net adjustment: -$156,821.
Adjusted -$24,572 for 107 sqft less living space. Net adjustment: -$24,572.
Adjusted -$158,683 for 691 sqft less living space and +$1,862 for being newer. Net adjustment: -$156,821.
The Neighborhood
This home is valued 15.1% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
below averageThis home is -15.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,859 across all districts. With a homestead exemption claimed, that drops to $6,246 — saving $1,613 per year. That's $521 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% | $4,312 |
| Williamson County | County | 0.3694% | $1,466 |
| Cedar Park | City | 0.3600% | $1,428 |
| Austin Community College | special | 0.1034% | $410 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Upper Brushy Creek WCID | Water | 0.0170% | $67 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,859 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $324,886 would pay approximately $2,028 per month (principal and interest only, excluding taxes and insurance).