1515 TIMBERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $212,129 and $406,592, with a best estimate of $349,595. That places the property below the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.
Estimated Value Range
$349,595
$378,160
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $212,129 and $406,592. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$4,930 for 20 sqft more living space. Net adjustment: +$4,930.
Adjusted -$27,363 for 111 sqft less living space and -$9,510 for being older. Net adjustment: -$36,873.
Adjusted +$4,437 for 18 sqft more living space and +$19,020 for being newer. Net adjustment: +$23,457.
Adjusted -$62,367 for 253 sqft less living space. Net adjustment: -$62,367.
Adjusted -$129,664 for 526 sqft less living space. Net adjustment: -$129,664.
The Neighborhood
This home is valued 2.9% above the L222499G - CARRIAGE HILLS median of $367,409. With 1,265 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.2% over the past year.
L222499G - CARRIAGE HILLS
typicalThis home is +2.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,492 across all districts. With a homestead exemption claimed, that drops to $5,882 — saving $1,610 per year. That's $490 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% | $4,110 |
| Williamson County | County | 0.3694% | $1,397 |
| Cedar Park | City | 0.3600% | $1,361 |
| Austin Community College | special | 0.1034% | $391 |
| Williamson County FM/Rd | County | 0.0443% | $168 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,492 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $349,595 would pay approximately $2,182 per month (principal and interest only, excluding taxes and insurance).