1503 FLYWAY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $732,119 and $1,050,710, with a best estimate of $1,023,930. That places the property above 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
$1,023,930
$664,922
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $732,119 and $1,050,710. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$255,746 for 807 sqft more living space and +$16,691 for being newer. Net adjustment: +$272,437.
Adjusted +$63,699 for 201 sqft more living space and +$25,037 for being newer. Net adjustment: +$88,736.
Adjusted +$365,080 for 1,152 sqft more living space and +$25,037 for being newer and -$52,548 for no pool. Net adjustment: +$337,569.
Adjusted +$317,860 for 1,003 sqft more living space and +$25,037 for being newer. Net adjustment: +$342,897.
Adjusted +$345,114 for 1,089 sqft more living space and -$8,346 for being older. Net adjustment: +$336,768.
The Neighborhood
This home is valued 11.7% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is +11.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,173 across all districts. With a homestead exemption claimed, that drops to $11,504 — saving $1,669 per year. That's $959 per month a buyer should budget. The assessed value increased +2.0% vs the subdivision average of -4.3%. This above-average increase gives a protest opportunity score of 32 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,227 |
| Williamson County | County | 0.3694% | $2,457 |
| Cedar Park | City | 0.3600% | $2,394 |
| Austin Community College | special | 0.1034% | $688 |
| Williamson County FM/Rd | County | 0.0443% | $295 |
| Upper Brushy Creek WCID | Water | 0.0170% | $113 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,173 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,023,930 would pay approximately $6,391 per month (principal and interest only, excluding taxes and insurance).