1507 SILVER OAK TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $499,850 and $875,475, with a best estimate of $531,768. 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
$531,768
$737,600
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 $499,850 and $875,475. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$187,927 for 593 sqft more living space. Net adjustment: +$187,927.
Adjusted -$7,289 for 23 sqft less living space. Net adjustment: -$7,289.
Adjusted -$124,229 for 392 sqft less living space. Net adjustment: -$124,229.
Adjusted -$107,115 for 338 sqft less living space. Net adjustment: -$107,115.
Adjusted +$205,357 for 648 sqft more living space. Net adjustment: +$205,357.
The Neighborhood
This home is valued 23.9% 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
above averageThis home is +23.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,612 across all districts. With a homestead exemption claimed, that drops to $12,928 — saving $1,684 per year. That's $1,077 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% | $8,017 |
| Williamson County | County | 0.3694% | $2,725 |
| Cedar Park | City | 0.3600% | $2,655 |
| Austin Community College | special | 0.1034% | $763 |
| Williamson County FM/Rd | County | 0.0443% | $327 |
| Upper Brushy Creek WCID | Water | 0.0170% | $125 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,612 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $531,768 would pay approximately $3,319 per month (principal and interest only, excluding taxes and insurance).