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405 CEDAR PARK DR, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

4 bed3 bath2,872 sqftBuilt 2015

Property at a Glance

This home is estimated between $646,448 and $1,178,059, with a best estimate of $922,602. That places the property above 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

$646,448 $1,178,059
Best Estimate
$922,602
WCAD Value
$862,792
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $646,448 and $1,178,059 should be treated as a rough guide.

Comparable Properties (5)

4 bed 3 bath 2,512 sqft Built 2015
Raw Value $1,076,345
Adjusted Value $1,178,059

Adjusted +$101,714 for 360 sqft more living space. Net adjustment: +$101,714.

4 bed 3 bath 2,786 sqft Built 2015
Raw Value $1,128,043
Adjusted Value $1,152,341

Adjusted +$24,298 for 86 sqft more living space. Net adjustment: +$24,298.

4 bed 4 bath 2,916 sqft Built 2015
Raw Value $935,034
Adjusted Value $922,602

Adjusted -$12,432 for 44 sqft less living space. Net adjustment: -$12,432.

4 bed 3 bath 3,133 sqft Built 2009
Raw Value $766,169
Adjusted Value $703,453

Adjusted -$73,742 for 261 sqft less living space and +$11,026 for being newer. Net adjustment: -$62,716.

4 bed 3 bath 2,551 sqft Built 2008
Raw Value $542,889
Adjusted Value $646,448

Adjusted +$90,695 for 321 sqft more living space and +$12,864 for being newer. Net adjustment: +$103,559.

The Neighborhood

This home is valued 74.0% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.

L321D72G - Cedar Park Ranchettes/Forest Park

outlier high
247 Properties
$495,775 Median Value
-6.2% YoY Change
3% Have Pool
72% Have Garage
This Home
$862,792
Median
$495,775

This home is +74.0% above the subdivision median.

Tax Analysis

The estimated annual property tax is $17,093 across all districts. With a homestead exemption claimed, that drops to $15,380 — saving $1,713 per year. That's $1,282 per month a buyer should budget. The assessed value increased +3.0% vs the subdivision average of -6.2%. This above-average increase gives a protest opportunity score of 56 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$9,378
Williamson CountyCounty0.3694%$3,188
Cedar ParkCity0.3600%$3,106
Austin Community Collegespecial0.1034%$892
Williamson County FM/RdCounty0.0443%$382
Upper Brushy Creek WCIDWater0.0170%$147
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$17,093
56 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $922,602 would pay approximately $5,759 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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