608 SPRING ARBOR LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $648,044 and $1,075,709, with a best estimate of $677,926. That places the property below the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$677,926
$878,226
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $648,044 and $1,075,709. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$205,682 for 597 sqft less living space and +$3,223 for being newer. Net adjustment: -$202,459.
Adjusted -$32,730 for 95 sqft less living space and +$16,113 for being newer. Net adjustment: -$16,617.
Adjusted +$81,997 for 238 sqft more living space and +$3,223 for being newer. Net adjustment: +$85,220.
Adjusted +$125,408 for 364 sqft more living space and +$12,891 for being newer. Net adjustment: +$138,299.
Adjusted -$73,384 for 213 sqft less living space and +$9,668 for being newer. Net adjustment: -$63,716.
The Neighborhood
This home is valued 23.7% above the L305606D - Red Oaks N. of Little Elm median of $709,809. With 445 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
above averageThis home is +23.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $17,398 across all districts. With a homestead exemption claimed, that drops to $15,683 — saving $1,715 per year. That's $1,307 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% | $9,545 |
| Williamson County | County | 0.3694% | $3,245 |
| Cedar Park | City | 0.3600% | $3,162 |
| Austin Community College | special | 0.1034% | $908 |
| Williamson County FM/Rd | County | 0.0443% | $389 |
| Upper Brushy Creek WCID | Water | 0.0170% | $149 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $17,398 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $677,926 would pay approximately $4,232 per month (principal and interest only, excluding taxes and insurance).