1318 CHALK LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $439,695 and $759,256, with a best estimate of $519,494. That places the property above the L330590G - Cypress Bend Sec 1 median of $496,124, in a neighborhood that declined 0.1% over the past year.
Estimated Value Range
$519,494
$485,991
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $439,695 and $759,256. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$16,531 for 51 sqft less living space and -$6,282 for being older. Net adjustment: -$22,813.
Adjusted +$60,288 for 186 sqft more living space and +$6,282 for being newer. Net adjustment: +$66,570.
Adjusted -$11,345 for 35 sqft less living space. Net adjustment: -$11,345.
Adjusted +$211,009 for 651 sqft more living space and -$12,563 for being older. Net adjustment: +$198,446.
Adjusted +$124,466 for 384 sqft more living space. Net adjustment: +$124,466.
The Neighborhood
This home is valued 2.0% below the L330590G - Cypress Bend Sec 1 median of $496,124. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.1% over the past year.
L330590G - Cypress Bend Sec 1
typicalThis home is -2.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,045 across all districts. With a homestead exemption claimed, that drops to $7,433 — saving $1,612 per year. That's $619 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% | $5,282 |
| Williamson County | County | 0.3694% | $1,795 |
| Ranch at Cypress Creek MUD #1 | MUD | 0.2400% | $1,166 |
| Austin Community College | special | 0.1034% | $503 |
| Williamson County FM/Rd | County | 0.0443% | $215 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8611% | $9,045 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $519,494 would pay approximately $3,243 per month (principal and interest only, excluding taxes and insurance).