1606 HONEYWEED ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $146,944 and $365,704, with a best estimate of $225,247. 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
$225,247
$376,986
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $146,944 and $365,704. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$35,709 for 123 sqft less living space and -$26,895 for being older. Net adjustment: -$62,604.
Adjusted -$126,288 for 435 sqft less living space and +$4,482 for being newer. Net adjustment: -$121,806.
Adjusted -$203,803 for 702 sqft less living space. Net adjustment: -$203,803.
Adjusted -$232,254 for 800 sqft less living space and +$4,482 for being newer. Net adjustment: -$227,772.
Adjusted +$46,161 for 159 sqft more living space and -$40,342 for being older. Net adjustment: +$5,819.
The Neighborhood
This home is in line with the L301486G - Anderson Mill West Sec 1 Thru 6 - Milburn median of $376,486. 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 +0.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,142 across all districts. With a homestead exemption claimed, that drops to $5,551 — saving $1,591 per year. That's $463 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% | $4,097 |
| Williamson County | County | 0.3694% | $1,393 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,031 |
| Austin Community College | special | 0.1034% | $390 |
| Williamson County FM/Rd | County | 0.0443% | $167 |
| Upper Brushy Creek WCID | Water | 0.0170% | $64 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $7,142 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $225,247 would pay approximately $1,406 per month (principal and interest only, excluding taxes and insurance).