116 S PRIZE OAKS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $373,536 and $487,017, with a best estimate of $384,702. 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
$384,702
$437,885
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 $373,536 and $487,017. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$83,360 for 363 sqft less living space and +$1,862 for being newer. Net adjustment: -$81,498.
Adjusted -$82,442 for 359 sqft less living space. Net adjustment: -$82,442.
Adjusted +$32,380 for 141 sqft more living space and +$5,585 for being newer. Net adjustment: +$37,965.
Adjusted +$51,670 for 225 sqft more living space and -$1,862 for being older. Net adjustment: +$49,808.
Adjusted -$82,442 for 359 sqft less living space. Net adjustment: -$82,442.
The Neighborhood
This home is valued 6.3% 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
typicalThis home is -6.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,675 across all districts. With a homestead exemption claimed, that drops to $7,054 — saving $1,621 per year. That's $588 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% | $4,759 |
| Williamson County | County | 0.3694% | $1,618 |
| Cedar Park | City | 0.3600% | $1,576 |
| Austin Community College | special | 0.1034% | $453 |
| Williamson County FM/Rd | County | 0.0443% | $194 |
| Upper Brushy Creek WCID | Water | 0.0170% | $74 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,675 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,702 would pay approximately $2,401 per month (principal and interest only, excluding taxes and insurance).