1315 ORCHARD FALLS DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $517,177 and $1,034,569, with a best estimate of $706,461. That places the property below 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
$706,461
$577,469
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 $517,177 and $1,034,569. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$78,552 for 228 sqft more living space and -$9,668 for being older. Net adjustment: +$68,884.
Adjusted -$16,882 for 49 sqft less living space and -$16,113 for being older. Net adjustment: -$32,995.
Adjusted +$316,620 for 919 sqft more living space. Net adjustment: +$316,620.
Adjusted -$69,250 for 201 sqft less living space and -$12,891 for being older. Net adjustment: -$82,141.
Adjusted -$43,410 for 126 sqft less living space and -$3,223 for being older. Net adjustment: -$46,633.
The Neighborhood
This home is valued 18.6% below the L305606D - Red Oaks N. of Little Elm median of $709,809. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 0.8% over the past year.
L305606D - Red Oaks N. of Little Elm
below averageThis home is -18.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $11,440 across all districts. With a homestead exemption claimed, that drops to $9,791 — saving $1,649 per year. That's $816 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% | $6,277 |
| Williamson County | County | 0.3694% | $2,133 |
| Cedar Park | City | 0.3600% | $2,079 |
| Austin Community College | special | 0.1034% | $597 |
| Williamson County FM/Rd | County | 0.0443% | $256 |
| Upper Brushy Creek WCID | Water | 0.0170% | $98 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,440 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $706,461 would pay approximately $4,410 per month (principal and interest only, excluding taxes and insurance).