2831 LITTLE ELM TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $265,951 and $486,945, with a best estimate of $462,794. That places the property above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$462,794
$437,050
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L334592F - OAKWOOD GLEN/CYPRESS MILL, this home's estimated market value is between $265,951 and $486,945. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$19,104 for 69 sqft less living space. Net adjustment: -$19,104.
Adjusted -$6,091 for 22 sqft less living space and -$41,369 for being older. Net adjustment: -$47,460.
Adjusted -$113,515 for 410 sqft less living space and -$5,910 for being older. Net adjustment: -$119,425.
Adjusted -$186,331 for 673 sqft less living space and +$11,820 for being newer. Net adjustment: -$174,511.
Adjusted -$176,364 for 637 sqft less living space and +$23,640 for being newer. Net adjustment: -$152,724.
The Neighborhood
This home is valued 4.2% below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is -4.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,658 across all districts. With a homestead exemption claimed, that drops to $7,038 — saving $1,620 per year. That's $587 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% | $4,750 |
| Williamson County | County | 0.3694% | $1,615 |
| Cedar Park | City | 0.3600% | $1,573 |
| Austin Community College | special | 0.1034% | $452 |
| 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% | $8,658 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $462,794 would pay approximately $2,889 per month (principal and interest only, excluding taxes and insurance).