706 ROYAL LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $340,088 and $439,634, with a best estimate of $365,344. That places the property below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$365,344
$704,652
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $340,088 and $439,634 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$41,251 for 146 sqft more living space and -$47,781 for being older. Net adjustment: -$6,530.
Adjusted +$27,971 for 99 sqft more living space and -$56,970 for being older. Net adjustment: -$28,999.
Adjusted -$35,317 for 125 sqft less living space and -$69,834 for being older. Net adjustment: -$105,151.
Adjusted -$54,247 for 192 sqft less living space and -$66,159 for being older. Net adjustment: -$120,406.
Adjusted -$90,977 for 322 sqft less living space and -$64,321 for being older. Net adjustment: -$155,298.
The Neighborhood
This home is valued 42.1% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +42.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,065 across all districts. With a homestead exemption claimed, that drops to $10,409 — saving $1,656 per year. That's $867 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% | $6,619 |
| Williamson County | County | 0.3694% | $2,250 |
| Cedar Park | City | 0.3600% | $2,192 |
| Austin Community College | special | 0.1034% | $630 |
| Williamson County FM/Rd | County | 0.0443% | $270 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,065 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $365,344 would pay approximately $2,280 per month (principal and interest only, excluding taxes and insurance).