1501 ORCHARD FALLS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $333,470 and $753,112, with a best estimate of $731,877. That places the property above the L305606D - Red Oaks N. of Little Elm median of $709,809, in a neighborhood that appreciated 0.8% over the past year.
Estimated Value Range
$731,877
$721,311
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L305606D - Red Oaks N. of Little Elm, this home's estimated market value is between $333,470 and $753,112. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$212,573 for 617 sqft less living space. Net adjustment: -$212,573.
Adjusted +$47,889 for 139 sqft more living space. Net adjustment: +$47,889.
Adjusted -$308,007 for 894 sqft less living space and -$6,445 for being older. Net adjustment: -$314,452.
Adjusted +$51,679 for 150 sqft more living space and +$6,445 for being newer. Net adjustment: +$58,124.
Adjusted +$25,495 for 74 sqft more living space and +$9,668 for being newer. Net adjustment: +$35,163.
The Neighborhood
This home is valued 1.6% above the L305606D - Red Oaks N. of Little Elm median of $709,809. With 445 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
typicalThis home is +1.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,169 across all districts. With a homestead exemption claimed, that drops to $12,490 — saving $1,679 per year. That's $1,041 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% | $7,774 |
| Williamson County | County | 0.3694% | $2,642 |
| Cedar Park | City | 0.3600% | $2,575 |
| Austin Community College | special | 0.1034% | $740 |
| Williamson County FM/Rd | County | 0.0443% | $317 |
| Upper Brushy Creek WCID | Water | 0.0170% | $122 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,169 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $731,877 would pay approximately $4,568 per month (principal and interest only, excluding taxes and insurance).