318 PARKWEST DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $605,419 and $802,187, with a best estimate of $706,321. 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
$706,321
$785,710
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 $605,419 and $802,187. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$38,511 for 129 sqft less living space. Net adjustment: -$38,511.
Adjusted -$38,511 for 129 sqft less living space. Net adjustment: -$38,511.
Adjusted -$25,375 for 85 sqft less living space. Net adjustment: -$25,375.
Adjusted -$97,023 for 325 sqft less living space. Net adjustment: -$97,023.
This comparable closely matches the subject property's features.
The Neighborhood
This home is valued 3.7% 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
typicalThis home is +3.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $15,566 across all districts. With a homestead exemption claimed, that drops to $13,870 — saving $1,696 per year. That's $1,156 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% | $8,540 |
| Williamson County | County | 0.3694% | $2,903 |
| Cedar Park | City | 0.3600% | $2,829 |
| Austin Community College | special | 0.1034% | $812 |
| Williamson County FM/Rd | County | 0.0443% | $348 |
| Upper Brushy Creek WCID | Water | 0.0170% | $134 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $15,566 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $706,321 would pay approximately $4,409 per month (principal and interest only, excluding taxes and insurance).