403 MONARCH CV, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $542,912 and $674,924, with a best estimate of $612,460. 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
$612,460
$603,738
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 $542,912 and $674,924. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$18,211 for 61 sqft less living space and -$36,016 for being older. Net adjustment: -$54,227.
Adjusted +$2,388 for 8 sqft more living space and -$36,016 for being older. Net adjustment: -$33,628.
Adjusted -$76,723 for 257 sqft less living space and +$10,805 for being newer. Net adjustment: -$65,918.
Adjusted -$105,084 for 352 sqft less living space and -$36,016 for being older. Net adjustment: -$141,100.
Adjusted -$87,172 for 292 sqft less living space and -$10,805 for being older. Net adjustment: -$97,977.
The Neighborhood
This home is valued 20.3% below the L325513C - Parkwest Estates median of $757,960. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
below averageThis home is -20.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,687 across all districts. With a homestead exemption claimed, that drops to $10,035 — saving $1,652 per year. That's $836 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% | $6,412 |
| Williamson County | County | 0.3694% | $2,179 |
| Cedar Park | City | 0.3600% | $2,124 |
| Austin Community College | special | 0.1034% | $610 |
| Williamson County FM/Rd | County | 0.0443% | $262 |
| Upper Brushy Creek WCID | Water | 0.0170% | $100 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,687 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $612,460 would pay approximately $3,823 per month (principal and interest only, excluding taxes and insurance).