1218 OLD MILL RD, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $429,794 and $680,518, with a best estimate of $479,123. That places the property below the L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL median of $490,420, in a neighborhood that declined 4.2% over the past year.
Estimated Value Range
$479,123
$487,627
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $429,794 and $680,518. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$12,656 for 47 sqft less living space. Net adjustment: -$12,656.
Adjusted +$9,425 for 35 sqft more living space and +$46,467 for being newer. Net adjustment: +$55,892.
Adjusted +$9,425 for 35 sqft more living space and +$46,467 for being newer. Net adjustment: +$55,892.
Adjusted -$75,667 for 281 sqft less living space and +$4,224 for being newer. Net adjustment: -$71,443.
Adjusted +$98,555 for 366 sqft more living space and -$61,475 for no pool. Net adjustment: +$37,080.
The Neighborhood
This home is in line with the L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL median of $490,420. Note that values in this subdivision declined 4.2% over the past year.
L370598E - LAKELINE OAKS, HUNTER GLEN, CYPRESS MILL
typicalThis home is -0.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,238 across all districts. With a homestead exemption claimed, that drops to $7,626 — saving $1,612 per year. That's $636 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% | $5,300 |
| Williamson County | County | 0.3694% | $1,802 |
| Williamson/Travis MUD #1 | MUD | 0.2734% | $1,333 |
| Austin Community College | special | 0.1034% | $504 |
| Williamson County FM/Rd | County | 0.0443% | $216 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8945% | $9,238 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $479,123 would pay approximately $2,991 per month (principal and interest only, excluding taxes and insurance).