406 TRAILRIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $493,547 and $844,791, with a best estimate of $656,747. 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
$656,747
$500,450
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 $493,547 and $844,791. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$89,052 for 281 sqft less living space. Net adjustment: -$89,052.
Adjusted +$209,794 for 662 sqft more living space and -$16,691 for being older. Net adjustment: +$193,103.
Adjusted +$35,177 for 111 sqft more living space. Net adjustment: +$35,177.
Adjusted +$116,306 for 367 sqft more living space and +$8,346 for being newer. Net adjustment: +$124,652.
Adjusted -$22,817 for 72 sqft less living space. Net adjustment: -$22,817.
The Neighborhood
This home is valued 16.0% 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 -16.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,914 across all districts. With a homestead exemption claimed, that drops to $8,282 — saving $1,632 per year. That's $690 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% | $5,439 |
| Williamson County | County | 0.3694% | $1,849 |
| Cedar Park | City | 0.3600% | $1,802 |
| Austin Community College | special | 0.1034% | $517 |
| Williamson County FM/Rd | County | 0.0443% | $222 |
| Upper Brushy Creek WCID | Water | 0.0170% | $85 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,914 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $656,747 would pay approximately $4,099 per month (principal and interest only, excluding taxes and insurance).