1500 OAK TREE LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $349,125 and $881,051, with a best estimate of $434,072. That places the property below the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$434,072
$697,402
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $349,125 and $881,051. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$159,171 for 462 sqft less living space. Net adjustment: -$159,171.
Adjusted +$121,618 for 353 sqft more living space. Net adjustment: +$121,618.
Adjusted +$154,348 for 448 sqft more living space. Net adjustment: +$154,348.
Adjusted -$116,794 for 339 sqft less living space and +$3,223 for being newer. Net adjustment: -$113,571.
Adjusted -$250,126 for 726 sqft less living space. Net adjustment: -$250,126.
The Neighborhood
This home is valued 1.7% below the L305606D - Red Oaks N. of Little Elm median of $709,809. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is -1.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $13,816 across all districts. With a homestead exemption claimed, that drops to $12,140 — saving $1,676 per year. That's $1,012 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% | $7,580 |
| Williamson County | County | 0.3694% | $2,577 |
| Cedar Park | City | 0.3600% | $2,511 |
| Austin Community College | special | 0.1034% | $721 |
| Williamson County FM/Rd | County | 0.0443% | $309 |
| Upper Brushy Creek WCID | Water | 0.0170% | $119 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,816 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $434,072 would pay approximately $2,709 per month (principal and interest only, excluding taxes and insurance).