227 ESCARPMENT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $842,687 and $1,155,792, with a best estimate of $872,895. That places the property above the L325513C - Parkwest Estates median of $757,960, in a neighborhood that declined 3.3% over the past year.
Estimated Value Range
$872,895
$825,685
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L325513C - Parkwest Estates, this home's estimated market value is between $842,687 and $1,155,792. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$106,576 for 357 sqft more living space. Net adjustment: +$106,576.
Adjusted +$48,064 for 161 sqft more living space and +$3,602 for being newer. Net adjustment: +$51,666.
Adjusted +$166,283 for 557 sqft more living space and -$7,203 for being older. Net adjustment: +$159,080.
Adjusted +$152,252 for 510 sqft more living space and +$3,602 for being newer. Net adjustment: +$155,854.
Adjusted +$176,135 for 590 sqft more living space and +$3,602 for being newer. Net adjustment: +$179,737.
The Neighborhood
This home is valued 8.9% above the L325513C - Parkwest Estates median of $757,960. With 166 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 3.3% over the past year.
L325513C - Parkwest Estates
typicalThis home is +8.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $16,357 across all districts. With a homestead exemption claimed, that drops to $14,654 — saving $1,703 per year. That's $1,221 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% | $8,974 |
| Williamson County | County | 0.3694% | $3,050 |
| Cedar Park | City | 0.3600% | $2,972 |
| Austin Community College | special | 0.1034% | $854 |
| Williamson County FM/Rd | County | 0.0443% | $366 |
| Upper Brushy Creek WCID | Water | 0.0170% | $140 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $16,357 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $872,895 would pay approximately $5,449 per month (principal and interest only, excluding taxes and insurance).