1506 SILVER OAK TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $496,364 and $871,989, with a best estimate of $528,282. 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
$528,282
$511,335
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 $496,364 and $871,989. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$184,441 for 582 sqft more living space. Net adjustment: +$184,441.
Adjusted -$10,775 for 34 sqft less living space. Net adjustment: -$10,775.
Adjusted -$127,715 for 403 sqft less living space. Net adjustment: -$127,715.
Adjusted -$110,601 for 349 sqft less living space. Net adjustment: -$110,601.
Adjusted +$201,871 for 637 sqft more living space. Net adjustment: +$201,871.
The Neighborhood
This home is valued 14.1% 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 -14.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,130 across all districts. With a homestead exemption claimed, that drops to $8,495 — saving $1,635 per year. That's $708 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% | $5,558 |
| Williamson County | County | 0.3694% | $1,889 |
| Cedar Park | City | 0.3600% | $1,841 |
| Austin Community College | special | 0.1034% | $529 |
| Williamson County FM/Rd | County | 0.0443% | $227 |
| Upper Brushy Creek WCID | Water | 0.0170% | $87 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,130 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $528,282 would pay approximately $3,298 per month (principal and interest only, excluding taxes and insurance).