1116 WELCH WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $391,245 and $505,761, with a best estimate of $463,121. That places the property above the L224495H - Crossing at Carriage Hills Sec 5 & 6 median of $346,581, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$463,121
$492,376
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L224495H - Crossing at Carriage Hills Sec 5 & 6, this home's estimated market value is between $391,245 and $505,761. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$91,380 for 303 sqft more living space. Net adjustment: +$91,380.
Adjusted -$86,856 for 288 sqft less living space and -$19,482 for being older. Net adjustment: -$106,338.
Adjusted -$63,333 for 210 sqft less living space and -$38,964 for being older. Net adjustment: -$102,297.
Adjusted -$1,508 for 5 sqft less living space. Net adjustment: -$1,508.
Adjusted -$4,222 for 14 sqft less living space. Net adjustment: -$4,222.
The Neighborhood
This home is valued 42.1% above the L224495H - Crossing at Carriage Hills Sec 5 & 6 median of $346,581. With 304 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.1% over the past year.
L224495H - Crossing at Carriage Hills Sec 5 & 6
above averageThis home is +42.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,754 across all districts. With a homestead exemption claimed, that drops to $8,124 — saving $1,630 per year. That's $677 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% | $5,352 |
| Williamson County | County | 0.3694% | $1,819 |
| Cedar Park | City | 0.3600% | $1,773 |
| Austin Community College | special | 0.1034% | $509 |
| Williamson County FM/Rd | County | 0.0443% | $218 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,754 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $463,121 would pay approximately $2,891 per month (principal and interest only, excluding taxes and insurance).