1501 OLD MILL RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $354,703 and $677,016, with a best estimate of $393,339. That places the property below the L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL median of $490,420, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$393,339
$572,534
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL, this home's estimated market value is between $354,703 and $677,016. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$37,429 for 139 sqft more living space and +$4,224 for being newer. Net adjustment: +$41,653.
Adjusted -$138,139 for 513 sqft less living space. Net adjustment: -$138,139.
Adjusted +$14,002 for 52 sqft more living space. Net adjustment: +$14,002.
Adjusted -$108,519 for 403 sqft less living space and +$16,897 for being newer. Net adjustment: -$91,622.
Adjusted -$65,165 for 242 sqft less living space and +$4,224 for being newer. Net adjustment: -$60,941.
The Neighborhood
This home is valued 16.7% above the L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL median of $490,420. With 574 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.2% over the past year.
L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL
above averageThis home is +16.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,847 across all districts. With a homestead exemption claimed, that drops to $9,219 — saving $1,628 per year. That's $768 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% | $6,223 |
| Williamson County | County | 0.3694% | $2,115 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,565 |
| Austin Community College | special | 0.1034% | $592 |
| Williamson County FM/Rd | County | 0.0443% | $254 |
| Upper Brushy Creek WCID | Water | 0.0170% | $97 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $10,847 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $393,339 would pay approximately $2,455 per month (principal and interest only, excluding taxes and insurance).