606 SPRING ARBOR LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $880,386 and $1,275,030, with a best estimate of $1,080,685. That places the property above 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
$1,080,685
$850,503
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 $880,386 and $1,275,030. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$205,682 for 597 sqft more living space and -$3,223 for being older. Net adjustment: +$202,459.
Adjusted +$432,381 for 1,255 sqft more living space and +$6,445 for being newer. Net adjustment: +$438,826.
Adjusted +$172,952 for 502 sqft more living space and +$12,891 for being newer. Net adjustment: +$185,843.
Adjusted +$287,680 for 835 sqft more living space. Net adjustment: +$287,680.
Adjusted +$103,702 for 301 sqft more living space and +$9,668 for being newer. Net adjustment: +$113,370.
The Neighborhood
This home is valued 19.8% 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 +19.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,849 across all districts. With a homestead exemption claimed, that drops to $15,140 — saving $1,709 per year. That's $1,262 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% | $9,244 |
| Williamson County | County | 0.3694% | $3,142 |
| Cedar Park | City | 0.3600% | $3,062 |
| Austin Community College | special | 0.1034% | $879 |
| Williamson County FM/Rd | County | 0.0443% | $377 |
| Upper Brushy Creek WCID | Water | 0.0170% | $145 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $16,849 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,080,685 would pay approximately $6,746 per month (principal and interest only, excluding taxes and insurance).