1507 HONEYWEED ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $211,892 and $378,434, with a best estimate of $231,379. That places the property below the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486, in a neighborhood that declined 6.1% over the past year.
Estimated Value Range
$231,379
$384,734
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn. The estimated range of $211,892 and $378,434 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$100,450 for 346 sqft less living space and +$4,482 for being newer. Net adjustment: -$95,968.
Adjusted -$143,998 for 496 sqft less living space and +$4,482 for being newer. Net adjustment: -$139,516.
Adjusted -$53,709 for 185 sqft less living space and -$53,790 for being older. Net adjustment: -$107,499.
Adjusted -$42,967 for 148 sqft less living space and -$71,720 for being older. Net adjustment: -$114,687.
Adjusted -$85,934 for 296 sqft less living space and +$31,377 for being newer. Net adjustment: -$54,557.
The Neighborhood
This home is valued 2.2% above the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. With 909 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.1% over the past year.
L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn
typicalThis home is +2.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,289 across all districts. With a homestead exemption claimed, that drops to $5,696 — saving $1,593 per year. That's $475 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% | $4,182 |
| Williamson County | County | 0.3694% | $1,421 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,052 |
| Austin Community College | special | 0.1034% | $398 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $7,289 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $231,379 would pay approximately $1,444 per month (principal and interest only, excluding taxes and insurance).