106 PARKWAY DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $195,532 and $466,644, with a best estimate of $332,277. 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
$332,277
$343,154
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 $195,532 and $466,644. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$72,895 for 258 sqft less living space and +$3,675 for being newer. Net adjustment: -$69,220.
Adjusted +$152,853 for 541 sqft more living space. Net adjustment: +$152,853.
Adjusted +$53,400 for 189 sqft more living space. Net adjustment: +$53,400.
Adjusted -$185,345 for 656 sqft less living space and +$3,675 for being newer. Net adjustment: -$181,670.
Adjusted -$35,035 for 124 sqft less living space and -$7,351 for being older. Net adjustment: -$42,386.
The Neighborhood
This home is valued 30.8% 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
below averageThis home is -30.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,798 across all districts. With a homestead exemption claimed, that drops to $5,195 — saving $1,603 per year. That's $433 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% | $3,730 |
| Williamson County | County | 0.3694% | $1,268 |
| Cedar Park | City | 0.3600% | $1,235 |
| Austin Community College | special | 0.1034% | $355 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,798 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $332,277 would pay approximately $2,074 per month (principal and interest only, excluding taxes and insurance).