1502 PARKE FIELD PASS, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $727,221 and $1,349,208, with a best estimate of $1,297,085. That places the property above the L325617A - WESTPARK-MARKS PLACE median of $1,019,977, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$1,297,085
$1,093,689
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L325617A - WESTPARK-MARKS PLACE. The estimated range of $727,221 and $1,349,208 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$249,139 for 686 sqft more living space and +$10,536 for being newer. Net adjustment: +$259,675.
Adjusted +$266,935 for 735 sqft more living space. Net adjustment: +$266,935.
Adjusted +$516,800 for 1,423 sqft more living space and -$84,285 for being older. Net adjustment: +$432,515.
Adjusted +$627,206 for 1,727 sqft more living space and -$105,356 for being older. Net adjustment: +$521,850.
Adjusted +$462,687 for 1,274 sqft more living space and -$231,784 for being older. Net adjustment: +$230,903.
The Neighborhood
This home is valued 7.2% above the L325617A - WESTPARK-MARKS PLACE median of $1,019,977. With 70 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 0.7% over the past year.
L325617A - WESTPARK-MARKS PLACE
typicalThis home is +7.2% above the subdivision median.
Tax Analysis
The estimated annual property tax is $20,166 across all districts. With a homestead exemption claimed, that drops to $18,420 — saving $1,746 per year. That's $1,535 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% | $11,064 |
| Williamson County | County | 0.3694% | $3,761 |
| Cedar Park | City | 0.3600% | $3,665 |
| Austin Community College | special | 0.1034% | $1,053 |
| Williamson County FM/Rd | County | 0.0443% | $451 |
| Upper Brushy Creek WCID | Water | 0.0170% | $173 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $20,166 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $1,297,085 would pay approximately $8,096 per month (principal and interest only, excluding taxes and insurance).