1203 MAHOGANY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $391,044 and $493,216, with a best estimate of $430,630. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$430,630
$442,903
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $391,044 and $493,216 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$43,632 for 190 sqft less living space and -$11,170 for being older. Net adjustment: -$54,802.
Adjusted +$10,793 for 47 sqft more living space and -$7,446 for being older. Net adjustment: +$3,347.
Adjusted -$39,958 for 174 sqft less living space and -$9,308 for being older. Net adjustment: -$49,266.
Adjusted +$56,262 for 245 sqft more living space and -$9,308 for being older. Net adjustment: +$46,954.
Adjusted +$20,209 for 88 sqft more living space and -$5,585 for being older. Net adjustment: +$14,624.
The Neighborhood
This home is valued 5.2% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -5.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,774 across all districts. With a homestead exemption claimed, that drops to $7,153 — saving $1,621 per year. That's $596 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% | $4,814 |
| Williamson County | County | 0.3694% | $1,636 |
| Cedar Park | City | 0.3600% | $1,594 |
| Austin Community College | special | 0.1034% | $458 |
| Williamson County FM/Rd | County | 0.0443% | $196 |
| Upper Brushy Creek WCID | Water | 0.0170% | $75 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,774 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $430,630 would pay approximately $2,688 per month (principal and interest only, excluding taxes and insurance).