517 FALLEN OAKS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $450,720 and $860,626, with a best estimate of $784,182. That places the property above the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335, in a neighborhood that declined 3.9% over the past year.
Estimated Value Range
$784,182
$731,125
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $450,720 and $860,626. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$63,122 for 167 sqft more living space. Net adjustment: +$63,122.
Adjusted +$39,309 for 104 sqft more living space. Net adjustment: +$39,309.
Adjusted +$53,294 for 141 sqft more living space. Net adjustment: +$53,294.
Adjusted -$33,640 for 89 sqft less living space and -$11,306 for being older. Net adjustment: -$44,946.
Adjusted -$9,827 for 26 sqft less living space and -$33,918 for being older. Net adjustment: -$43,745.
The Neighborhood
This home is valued 5.0% below the L543514A - Ranch at Brushy Creek - Section 8A median of $769,335. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.9% over the past year.
L543514A - Ranch at Brushy Creek - Section 8A
typicalThis home is -5.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $14,484 across all districts. With a homestead exemption claimed, that drops to $12,801 — saving $1,683 per year. That's $1,067 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% | $7,947 |
| Williamson County | County | 0.3694% | $2,701 |
| Cedar Park | City | 0.3600% | $2,632 |
| Austin Community College | special | 0.1034% | $756 |
| Williamson County FM/Rd | County | 0.0443% | $324 |
| Upper Brushy Creek WCID | Water | 0.0170% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,484 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $784,182 would pay approximately $4,895 per month (principal and interest only, excluding taxes and insurance).