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704 CEDAR PARK DR, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

3 bed2 bath2,512 sqftBuilt 1975

Property at a Glance

This home is estimated between $447,653 and $971,165, with a best estimate of $666,242. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.

Estimated Value Range

$447,653 $971,165
Best Estimate
$666,242
WCAD Value
$791,814
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $447,653 and $971,165 should be treated as a rough guide.

Comparable Properties (5)

811 CEDAR PARK DR, CEDAR PARK, TX 78613
0.00 mi 98% similar Same subdivision
3 bed 2 bath 1,426 sqft Built 1970
Raw Value $655,140
Adjusted Value $971,165

Adjusted +$306,836 for 1,086 sqft more living space and +$9,189 for being newer. Net adjustment: +$316,025.

807 CEDAR PARK DR, CEDAR PARK, TX 78613
0.00 mi 98% similar Same subdivision
3 bed 2 bath 2,153 sqft Built 2006
Raw Value $805,778
Adjusted Value $850,239

Adjusted +$101,431 for 359 sqft more living space and -$56,970 for being older. Net adjustment: +$44,461.

3 bed 2 bath 2,071 sqft Built 1999
Raw Value $367,160
Adjusted Value $447,653

Adjusted +$124,599 for 441 sqft more living space and -$44,106 for being older. Net adjustment: +$80,493.

3 bed 2 bath 2,317 sqft Built 2008
Raw Value $587,932
Adjusted Value $582,381

Adjusted +$55,095 for 195 sqft more living space and -$60,646 for being older. Net adjustment: -$5,551.

3 bed 2 bath 1,401 sqft Built 1986
Raw Value $372,557
Adjusted Value $666,242

Adjusted +$313,900 for 1,111 sqft more living space and -$20,215 for being older. Net adjustment: +$293,685.

The Neighborhood

This home is valued 59.7% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.

L321D72G - Cedar Park Ranchettes/Forest Park

outlier high
247 Properties
$495,775 Median Value
-6.2% YoY Change
3% Have Pool
72% Have Garage
This Home
$791,814
Median
$495,775

This home is +59.7% above the subdivision median.

Tax Analysis

The estimated annual property tax is $15,686 across all districts. With a homestead exemption claimed, that drops to $13,990 — saving $1,696 per year. That's $1,166 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$8,606
Williamson CountyCounty0.3694%$2,925
Cedar ParkCity0.3600%$2,851
Austin Community Collegespecial0.1034%$819
Williamson County FM/RdCounty0.0443%$351
Upper Brushy Creek WCIDWater0.0170%$135
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$15,686

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $666,242 would pay approximately $4,159 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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