1020 SAVANNA LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $457,117 and $877,760, with a best estimate of $741,126. 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
$741,126
$468,772
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 $457,117 and $877,760. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$6,338 for 20 sqft less living space. Net adjustment: -$6,338.
Adjusted +$199,336 for 629 sqft more living space and +$25,037 for being newer. Net adjustment: +$224,373.
Adjusted -$37,712 for 119 sqft less living space and +$25,037 for being newer. Net adjustment: -$12,675.
Adjusted +$284,902 for 899 sqft more living space and +$25,037 for being newer. Net adjustment: +$309,939.
Adjusted +$261,767 for 826 sqft more living space and -$8,346 for being older. Net adjustment: +$253,421.
The Neighborhood
This home is valued 21.3% 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
below averageThis home is -21.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,287 across all districts. With a homestead exemption claimed, that drops to $7,660 — saving $1,627 per year. That's $638 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% | $5,095 |
| Williamson County | County | 0.3694% | $1,732 |
| Cedar Park | City | 0.3600% | $1,688 |
| Austin Community College | special | 0.1034% | $485 |
| Williamson County FM/Rd | County | 0.0443% | $208 |
| Upper Brushy Creek WCID | Water | 0.0170% | $80 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,287 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $741,126 would pay approximately $4,626 per month (principal and interest only, excluding taxes and insurance).