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203 PARKWAY DR, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

4 bed1 bath2,833 sqftBuilt 1978

Property at a Glance

This home is estimated between $561,417 and $698,162, with a best estimate of $593,076. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.

Estimated Value Range

$561,417 $698,162
Best Estimate
$593,076
WCAD Value
$483,478
Medium Confidence

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 $561,417 and $698,162. More comparables in the same subdivision would strengthen this estimate.

Comparable Properties (5)

205 PARKWAY DR, CEDAR PARK, TX 78613
0.00 mi 96% similar Same subdivision
3 bed 2 bath 2,181 sqft Built 1978
Raw Value $377,202
Adjusted Value $561,417

Adjusted +$184,215 for 652 sqft more living space. Net adjustment: +$184,215.

104 PARKWAY DR, CEDAR PARK, TX 78613
0.00 mi 93% similar Same subdivision
3 bed 2 bath 2,032 sqft Built 1980
Raw Value $370,438
Adjusted Value $593,076

Adjusted +$226,313 for 801 sqft more living space and -$3,675 for being older. Net adjustment: +$222,638.

208 PARKWAY DR, CEDAR PARK, TX 78613
0.00 mi 91% similar Same subdivision
3 bed 2 bath 1,783 sqft Built 1978
Raw Value $401,497
Adjusted Value $698,162

Adjusted +$296,665 for 1,050 sqft more living space. Net adjustment: +$296,665.

206 PARKWAY DR, CEDAR PARK, TX 78613
0.00 mi 88% similar Same subdivision
3 bed 2 bath 1,529 sqft Built 1978
Raw Value $322,546
Adjusted Value $690,975

Adjusted +$368,429 for 1,304 sqft more living space. Net adjustment: +$368,429.

3 bed 2 bath 2,376 sqft Built 1980
Raw Value $465,748
Adjusted Value $591,193

Adjusted +$129,120 for 457 sqft more living space and -$3,675 for being older. Net adjustment: +$125,445.

The Neighborhood

This home is valued 2.5% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.

L321D72G - Cedar Park Ranchettes/Forest Park

typical
247 Properties
$495,775 Median Value
-6.2% YoY Change
3% Have Pool
72% Have Garage
This Home
$483,478
Median
$495,775

This home is -2.5% below the subdivision median.

Tax Analysis

The estimated annual property tax is $9,578 across all districts. With a homestead exemption claimed, that drops to $7,949 — saving $1,629 per year. That's $662 per month a buyer should budget. The assessed value increased +11.8% vs the subdivision average of -6.2%. This above-average increase gives a protest opportunity score of 80 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$5,255
Williamson CountyCounty0.3694%$1,786
Cedar ParkCity0.3600%$1,741
Austin Community Collegespecial0.1034%$500
Williamson County FM/RdCounty0.0443%$214
Upper Brushy Creek WCIDWater0.0170%$82
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$9,578
80 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $593,076 would pay approximately $3,702 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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