1501 E PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $335,253 and $532,139, with a best estimate of $502,427. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$502,427
$466,879
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L526504D - FOREST OAKS SEC 12 & 14. The estimated range of $335,253 and $532,139 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$85,882 for 271 sqft less living space and +$16,691 for being newer. Net adjustment: -$69,191.
Adjusted -$37,395 for 118 sqft less living space and +$66,766 for being newer. Net adjustment: +$29,371.
Adjusted +$72,572 for 229 sqft more living space and +$83,457 for being newer. Net adjustment: +$156,029.
Adjusted +$119,792 for 378 sqft more living space and +$25,037 for being newer. Net adjustment: +$144,829.
Adjusted -$12,676 for 40 sqft less living space and +$183,605 for being newer. Net adjustment: +$170,929.
The Neighborhood
This home is valued 21.6% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
below averageThis home is -21.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,249 across all districts. With a homestead exemption claimed, that drops to $7,623 — saving $1,626 per year. That's $635 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% | $5,075 |
| Williamson County | County | 0.3694% | $1,725 |
| Cedar Park | City | 0.3600% | $1,681 |
| Austin Community College | special | 0.1034% | $483 |
| Williamson County FM/Rd | County | 0.0443% | $207 |
| Upper Brushy Creek WCID | Water | 0.0170% | $79 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,249 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $502,427 would pay approximately $3,136 per month (principal and interest only, excluding taxes and insurance).