509 MONARCH AVE, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $682,056 and $838,829, with a best estimate of $756,769. That places the property below the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$756,769
$1,048,098
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $682,056 and $838,829. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$34,928 for 117 sqft more living space and +$21,610 for being newer. Net adjustment: +$56,538.
Adjusted +$55,527 for 186 sqft more living space and +$21,610 for being newer. Net adjustment: +$77,137.
Adjusted -$174,642 for 585 sqft less living space and +$18,008 for being newer. Net adjustment: -$156,634.
Adjusted -$51,945 for 174 sqft less living space and +$21,610 for being newer. Net adjustment: -$30,335.
Adjusted -$13,135 for 44 sqft less living space and +$43,219 for being newer. Net adjustment: +$30,084.
The Neighborhood
This home is valued 38.3% above the L325513C - Parkwest Estates median of $757,960. With 166 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
above averageThis home is +38.3% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,764 across all districts. With a homestead exemption claimed, that drops to $19,011 — saving $1,753 per year. That's $1,584 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% | $11,392 |
| Williamson County | County | 0.3694% | $3,872 |
| Cedar Park | City | 0.3600% | $3,773 |
| Austin Community College | special | 0.1034% | $1,084 |
| Williamson County FM/Rd | County | 0.0443% | $465 |
| Upper Brushy Creek WCID | Water | 0.0170% | $178 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $20,764 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $756,769 would pay approximately $4,724 per month (principal and interest only, excluding taxes and insurance).