703 PRIZE OAKS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $213,598 and $327,182, with a best estimate of $231,855. That places the property below the L355485H - Quarry Oaks median of $341,619, in a neighborhood that declined 15.1% over the past year.
Estimated Value Range
$231,855
$274,143
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 $213,598 and $327,182. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$36,092 for 169 sqft less living space and -$1,676 for being older. Net adjustment: -$37,768.
Adjusted -$163,800 for 767 sqft less living space. Net adjustment: -$163,800.
Adjusted -$114,895 for 538 sqft less living space. Net adjustment: -$114,895.
Adjusted -$114,895 for 538 sqft less living space and -$13,408 for being older. Net adjustment: -$128,303.
Adjusted -$116,177 for 544 sqft less living space and +$16,760 for being newer. Net adjustment: -$99,417.
The Neighborhood
This home is valued 19.8% below the L355485H - Quarry Oaks median of $341,619. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 15.1% over the past year.
L355485H - Quarry Oaks
below averageThis home is -19.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,431 across all districts. With a homestead exemption claimed, that drops to $3,841 — saving $1,590 per year. That's $320 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% | $2,980 |
| Williamson County | County | 0.3694% | $1,013 |
| Cedar Park | City | 0.3600% | $987 |
| Austin Community College | special | 0.1034% | $283 |
| Williamson County FM/Rd | County | 0.0443% | $122 |
| Upper Brushy Creek WCID | Water | 0.0170% | $47 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $5,431 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $231,855 would pay approximately $1,447 per month (principal and interest only, excluding taxes and insurance).