1511 TIMBERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $357,127 and $674,795, with a best estimate of $535,381. That places the property above the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.
Estimated Value Range
$535,381
$356,750
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 $357,127 and $674,795. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$3,698 for 15 sqft less living space. Net adjustment: -$3,698.
Adjusted +$138,538 for 562 sqft more living space. Net adjustment: +$138,538.
Adjusted +$205,835 for 835 sqft more living space. Net adjustment: +$205,835.
Adjusted +$82,581 for 335 sqft more living space and -$38,041 for being older. Net adjustment: +$44,540.
Adjusted +$273,133 for 1,108 sqft more living space. Net adjustment: +$273,133.
The Neighborhood
This home is valued 2.9% below the L222499G - CARRIAGE HILLS median of $367,409. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.2% over the past year.
L222499G - CARRIAGE HILLS
typicalThis home is -2.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,067 across all districts. With a homestead exemption claimed, that drops to $5,462 — saving $1,605 per year. That's $455 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% | $3,878 |
| Williamson County | County | 0.3694% | $1,318 |
| Cedar Park | City | 0.3600% | $1,284 |
| Austin Community College | special | 0.1034% | $369 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,067 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $535,381 would pay approximately $3,342 per month (principal and interest only, excluding taxes and insurance).