1406 W PARK ST, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $248,350 and $673,650, with a best estimate of $292,586. That places the property below 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
$292,586
$599,218
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $248,350 and $673,650 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$12,997 for 46 sqft more living space and +$5,513 for being newer. Net adjustment: +$18,510.
Adjusted +$20,060 for 71 sqft more living space and -$23,891 for being older. Net adjustment: -$3,831.
Adjusted -$7,063 for 25 sqft less living space and -$45,944 for being older. Net adjustment: -$53,007.
Adjusted -$48,031 for 170 sqft less living space and -$42,268 for being older. Net adjustment: -$90,299.
Adjusted +$20,908 for 74 sqft more living space and -$51,457 for being older. Net adjustment: -$30,549.
The Neighborhood
This home is valued 20.9% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +20.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,129 across all districts. With a homestead exemption claimed, that drops to $7,504 — saving $1,625 per year. That's $625 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% | $5,008 |
| Williamson County | County | 0.3694% | $1,702 |
| Cedar Park | City | 0.3600% | $1,659 |
| Austin Community College | special | 0.1034% | $476 |
| Williamson County FM/Rd | County | 0.0443% | $204 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,129 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $292,586 would pay approximately $1,826 per month (principal and interest only, excluding taxes and insurance).