504 MONARCH AVE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $393,720 and $474,316, with a best estimate of $454,778. 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
$454,778
$458,412
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $393,720 and $474,316. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$83,914 for 297 sqft more living space and +$29,404 for being newer. Net adjustment: +$113,318.
Adjusted +$108,777 for 385 sqft more living space and -$31,242 for being older. Net adjustment: +$77,535.
Adjusted +$108,777 for 385 sqft more living space and -$33,079 for being older. Net adjustment: +$75,698.
Adjusted +$120,361 for 426 sqft more living space and -$33,079 for being older. Net adjustment: +$87,282.
Adjusted +$148,615 for 526 sqft more living space and -$25,728 for being older. Net adjustment: +$122,887.
The Neighborhood
This home is valued 7.5% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
typicalThis home is -7.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,081 across all districts. With a homestead exemption claimed, that drops to $7,457 — saving $1,624 per year. That's $621 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% | $4,982 |
| Williamson County | County | 0.3694% | $1,694 |
| Cedar Park | City | 0.3600% | $1,650 |
| Austin Community College | special | 0.1034% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,081 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $454,778 would pay approximately $2,839 per month (principal and interest only, excluding taxes and insurance).