1501 SILVER OAK TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $524,747 and $540,907, with a best estimate of $539,051. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$539,051
$507,139
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $524,747 and $540,907. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$116,940 for 369 sqft less living space. Net adjustment: -$116,940.
Adjusted -$99,826 for 315 sqft less living space. Net adjustment: -$99,826.
Adjusted -$90,636 for 286 sqft less living space and +$8,346 for being newer. Net adjustment: -$82,290.
Adjusted -$90,636 for 286 sqft less living space and +$8,346 for being newer. Net adjustment: -$82,290.
Adjusted +$27,571 for 87 sqft more living space. Net adjustment: +$27,571.
The Neighborhood
This home is valued 14.8% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -14.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,047 across all districts. With a homestead exemption claimed, that drops to $8,413 — saving $1,634 per year. That's $701 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% | $5,512 |
| Williamson County | County | 0.3694% | $1,874 |
| Cedar Park | City | 0.3600% | $1,826 |
| Austin Community College | special | 0.1034% | $524 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Upper Brushy Creek WCID | Water | 0.0170% | $86 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,047 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $539,051 would pay approximately $3,365 per month (principal and interest only, excluding taxes and insurance).