1501 FLYWAY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $484,293 and $814,292, with a best estimate of $742,888. 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
$742,888
$519,537
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 $484,293 and $814,292. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$57,994 for 183 sqft more living space and -$33,383 for being older. Net adjustment: +$24,611.
Adjusted -$134,053 for 423 sqft less living space and -$25,037 for being older. Net adjustment: -$159,090.
Adjusted +$214,548 for 677 sqft more living space and -$33,383 for being older. Net adjustment: +$181,165.
Adjusted +$46,586 for 147 sqft more living space. Net adjustment: +$46,586.
Adjusted +$76,692 for 242 sqft more living space. Net adjustment: +$76,692.
The Neighborhood
This home is valued 12.8% 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 -12.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,292 across all districts. With a homestead exemption claimed, that drops to $8,656 — saving $1,636 per year. That's $721 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% | $5,647 |
| Williamson County | County | 0.3694% | $1,919 |
| Cedar Park | City | 0.3600% | $1,870 |
| Austin Community College | special | 0.1034% | $537 |
| Williamson County FM/Rd | County | 0.0443% | $230 |
| Upper Brushy Creek WCID | Water | 0.0170% | $88 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,292 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $742,888 would pay approximately $4,637 per month (principal and interest only, excluding taxes and insurance).