1201 MEADOW LARK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $486,850 and $679,228, with a best estimate of $578,879. That places the property above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$578,879
$457,169
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L334592F - OAKWOOD GLEN/CYPRESS MILL, this home's estimated market value is between $486,850 and $679,228. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$172,488 for 623 sqft more living space and -$11,820 for being older. Net adjustment: +$160,668.
Adjusted +$124,036 for 448 sqft more living space and -$17,730 for being older. Net adjustment: +$106,306.
Adjusted +$201,836 for 729 sqft more living space and +$11,820 for being newer. Net adjustment: +$213,656.
Adjusted +$79,461 for 287 sqft more living space and -$17,730 for being older. Net adjustment: +$61,731.
Adjusted +$108,532 for 392 sqft more living space and +$11,820 for being newer. Net adjustment: +$120,352.
The Neighborhood
This home is in line with the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +0.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,057 across all districts. With a homestead exemption claimed, that drops to $7,433 — saving $1,624 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% | $4,969 |
| Williamson County | County | 0.3694% | $1,689 |
| Cedar Park | City | 0.3600% | $1,646 |
| Austin Community College | special | 0.1034% | $473 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,057 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $578,879 would pay approximately $3,613 per month (principal and interest only, excluding taxes and insurance).