707 ROYAL LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $288,137 and $666,935, with a best estimate of $350,790. That places the property below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$350,790
$636,978
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L321D72G - Cedar Park Ranchettes/Forest Park. The estimated range of $288,137 and $666,935 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$4,238 for 15 sqft less living space and +$18,377 for being newer. Net adjustment: +$14,139.
Adjusted -$15,822 for 56 sqft less living space and +$9,189 for being newer. Net adjustment: -$6,633.
Adjusted +$2,260 for 8 sqft more living space and +$11,026 for being newer. Net adjustment: +$13,286.
Adjusted +$29,384 for 104 sqft more living space and +$11,026 for being newer. Net adjustment: +$40,410.
Adjusted -$88,434 for 313 sqft less living space and +$12,864 for being newer. Net adjustment: -$75,570.
The Neighborhood
This home is valued 28.5% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +28.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,619 across all districts. With a homestead exemption claimed, that drops to $10,957 — saving $1,662 per year. That's $913 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% | $6,923 |
| Williamson County | County | 0.3694% | $2,353 |
| Cedar Park | City | 0.3600% | $2,293 |
| Austin Community College | special | 0.1034% | $659 |
| Williamson County FM/Rd | County | 0.0443% | $282 |
| Upper Brushy Creek WCID | Water | 0.0170% | $108 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,619 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $350,790 would pay approximately $2,190 per month (principal and interest only, excluding taxes and insurance).