307 TRAILRIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $585,403 and $915,910, with a best estimate of $614,537. 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
$614,537
$628,386
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 $585,403 and $915,910. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$25,036 for 79 sqft more living space. Net adjustment: +$25,036.
Adjusted +$114,087 for 360 sqft more living space. Net adjustment: +$114,087.
Adjusted -$58,311 for 184 sqft less living space and +$8,346 for being newer. Net adjustment: -$49,965.
Adjusted +$149,264 for 471 sqft more living space. Net adjustment: +$149,264.
Adjusted +$230,393 for 727 sqft more living space and +$8,346 for being newer. Net adjustment: +$238,739.
The Neighborhood
This home is valued 5.5% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is +5.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,449 across all districts. With a homestead exemption claimed, that drops to $10,788 — saving $1,661 per year. That's $899 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% | $6,830 |
| Williamson County | County | 0.3694% | $2,322 |
| Cedar Park | City | 0.3600% | $2,262 |
| Austin Community College | special | 0.1034% | $650 |
| Williamson County FM/Rd | County | 0.0443% | $279 |
| Upper Brushy Creek WCID | Water | 0.0170% | $107 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,449 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $614,537 would pay approximately $3,836 per month (principal and interest only, excluding taxes and insurance).