1503 SILVER OAK TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $277,839 and $696,101, with a best estimate of $314,592. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$314,592
$670,118
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $277,839 and $696,101. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$17,430 for 55 sqft less living space. Net adjustment: -$17,430.
Adjusted -$312,473 for 986 sqft less living space. Net adjustment: -$312,473.
Adjusted -$185,075 for 584 sqft less living space. Net adjustment: -$185,075.
Adjusted -$273,176 for 862 sqft less living space. Net adjustment: -$273,176.
Adjusted +$2,535 for 8 sqft more living space. Net adjustment: +$2,535.
The Neighborhood
This home is valued 12.5% above the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. With 1,138 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is +12.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,276 across all districts. With a homestead exemption claimed, that drops to $11,606 — saving $1,670 per year. That's $967 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% | $7,284 |
| Williamson County | County | 0.3694% | $2,476 |
| Cedar Park | City | 0.3600% | $2,412 |
| Austin Community College | special | 0.1034% | $693 |
| Williamson County FM/Rd | County | 0.0443% | $297 |
| Upper Brushy Creek WCID | Water | 0.0170% | $114 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,276 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $314,592 would pay approximately $1,964 per month (principal and interest only, excluding taxes and insurance).