1115 MEADOW LARK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $489,618 and $681,997, with a best estimate of $581,648. 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
$581,648
$440,775
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 $489,618 and $681,997. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$175,257 for 633 sqft more living space and -$11,820 for being older. Net adjustment: +$163,437.
Adjusted +$126,805 for 458 sqft more living space and -$17,730 for being older. Net adjustment: +$109,075.
Adjusted +$204,605 for 739 sqft more living space and +$11,820 for being newer. Net adjustment: +$216,425.
Adjusted +$82,229 for 297 sqft more living space and -$17,730 for being older. Net adjustment: +$64,499.
Adjusted +$111,301 for 402 sqft more living space and +$11,820 for being newer. Net adjustment: +$123,121.
The Neighborhood
This home is valued 3.4% 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 -3.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,732 across all districts. With a homestead exemption claimed, that drops to $7,111 — saving $1,621 per year. That's $593 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% | $4,791 |
| Williamson County | County | 0.3694% | $1,628 |
| Cedar Park | City | 0.3600% | $1,587 |
| Austin Community College | special | 0.1034% | $456 |
| Williamson County FM/Rd | County | 0.0443% | $195 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,732 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $581,648 would pay approximately $3,631 per month (principal and interest only, excluding taxes and insurance).