1505 E PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $418,932 and $780,199, with a best estimate of $511,731. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$511,731
$542,448
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L526504D - FOREST OAKS SEC 12 & 14. The estimated range of $418,932 and $780,199 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$59,896 for 189 sqft less living space and +$16,691 for being newer. Net adjustment: -$43,205.
Adjusted -$1,268 for 4 sqft less living space and +$75,111 for being newer. Net adjustment: +$73,843.
Adjusted -$70,354 for 222 sqft less living space and -$16,691 for being older. Net adjustment: -$87,045.
Adjusted -$34,543 for 109 sqft less living space and -$33,383 for being older. Net adjustment: -$67,926.
Adjusted +$23,451 for 74 sqft more living space and -$25,037 for being older. Net adjustment: -$1,586.
The Neighborhood
This home is valued 8.9% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -8.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,746 across all districts. With a homestead exemption claimed, that drops to $9,105 — saving $1,641 per year. That's $759 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% | $5,896 |
| Williamson County | County | 0.3694% | $2,004 |
| Cedar Park | City | 0.3600% | $1,953 |
| Austin Community College | special | 0.1034% | $561 |
| Williamson County FM/Rd | County | 0.0443% | $240 |
| Upper Brushy Creek WCID | Water | 0.0170% | $92 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,746 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $511,731 would pay approximately $3,194 per month (principal and interest only, excluding taxes and insurance).