1505 OAK GROVE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $206,301 and $297,338, with a best estimate of $243,524. That places the property below the L267481H - Deerfield Park median of $301,102, in a neighborhood that declined 5.2% over the past year.
Estimated Value Range
$243,524
$245,567
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L267481H - Deerfield Park, this home's estimated market value is between $206,301 and $297,338. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$9,714 for 42 sqft more living space. Net adjustment: +$9,714.
Adjusted +$13,183 for 57 sqft more living space. Net adjustment: +$13,183.
Adjusted -$37,004 for 160 sqft less living space. Net adjustment: -$37,004.
Adjusted +$925 for 4 sqft more living space. Net adjustment: +$925.
Adjusted -$54,812 for 237 sqft less living space and -$1,028 for being older. Net adjustment: -$55,840.
The Neighborhood
This home is valued 18.4% below the L267481H - Deerfield Park median of $301,102. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.2% over the past year.
L267481H - Deerfield Park
below averageThis home is -18.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $4,865 across all districts. With a homestead exemption claimed, that drops to $3,280 — saving $1,585 per year. That's $273 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% | $2,669 |
| Williamson County | County | 0.3694% | $907 |
| Cedar Park | City | 0.3600% | $884 |
| Austin Community College | special | 0.1034% | $254 |
| Williamson County FM/Rd | County | 0.0443% | $109 |
| Upper Brushy Creek WCID | Water | 0.0170% | $42 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $4,865 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $243,524 would pay approximately $1,520 per month (principal and interest only, excluding taxes and insurance).