1503 TIMBERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $218,589 and $367,947, with a best estimate of $316,129. That places the property below the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.
Estimated Value Range
$316,129
$341,793
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L222499G - CARRIAGE HILLS. The estimated range of $218,589 and $367,947 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$142,236 for 577 sqft less living space. Net adjustment: -$142,236.
Adjusted -$17,995 for 73 sqft less living space and +$19,020 for being newer. Net adjustment: +$1,025.
Adjusted +$8,381 for 34 sqft more living space and +$38,041 for being newer. Net adjustment: +$46,422.
Adjusted -$13,312 for 54 sqft less living space and -$19,020 for being older. Net adjustment: -$32,332.
Adjusted -$15,037 for 61 sqft less living space and +$28,530 for being newer. Net adjustment: +$13,493.
The Neighborhood
This home is valued 7.0% below the L222499G - CARRIAGE HILLS median of $367,409. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 7.2% over the past year.
L222499G - CARRIAGE HILLS
typicalThis home is -7.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,771 across all districts. With a homestead exemption claimed, that drops to $5,168 — saving $1,603 per year. That's $431 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% | $3,715 |
| Williamson County | County | 0.3694% | $1,263 |
| Cedar Park | City | 0.3600% | $1,230 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,771 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $316,129 would pay approximately $1,973 per month (principal and interest only, excluding taxes and insurance).