405 MONARCH CV, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $627,358 and $730,991, with a best estimate of $668,526. That places the property below the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$668,526
$746,589
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $627,358 and $730,991. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$48,661 for 163 sqft more living space and -$46,821 for being older. Net adjustment: +$1,840.
Adjusted +$69,260 for 232 sqft more living space and -$46,821 for being older. Net adjustment: +$22,439.
Adjusted -$9,852 for 33 sqft less living space. Net adjustment: -$9,852.
Adjusted -$38,212 for 128 sqft less living space and -$46,821 for being older. Net adjustment: -$85,033.
Adjusted +$66,871 for 224 sqft more living space and -$10,805 for being older. Net adjustment: +$56,066.
The Neighborhood
This home is valued 1.5% below the L325513C - Parkwest Estates median of $757,960. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
typicalThis home is -1.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,790 across all districts. With a homestead exemption claimed, that drops to $13,104 — saving $1,686 per year. That's $1,092 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% | $8,115 |
| Williamson County | County | 0.3694% | $2,758 |
| Cedar Park | City | 0.3600% | $2,688 |
| Austin Community College | special | 0.1034% | $772 |
| Williamson County FM/Rd | County | 0.0443% | $331 |
| Upper Brushy Creek WCID | Water | 0.0170% | $127 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,790 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $668,526 would pay approximately $4,173 per month (principal and interest only, excluding taxes and insurance).