508 LYNNWOOD TRL S, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $177,865 and $503,703, with a best estimate of $406,072. 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
$406,072
$522,156
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $177,865 and $503,703. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$8,346 for being older. Net adjustment: -$8,346.
Adjusted -$94,122 for 297 sqft less living space and +$8,346 for being newer. Net adjustment: -$85,776.
Adjusted -$145,778 for 460 sqft less living space and +$8,346 for being newer. Net adjustment: -$137,432.
Adjusted -$32,325 for 102 sqft less living space and -$41,728 for being older. Net adjustment: -$74,053.
Adjusted -$246,239 for 777 sqft less living space and -$8,346 for being older. Net adjustment: -$254,585.
The Neighborhood
This home is valued 12.3% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -12.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,344 across all districts. With a homestead exemption claimed, that drops to $8,707 — saving $1,637 per year. That's $726 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% | $5,675 |
| Williamson County | County | 0.3694% | $1,929 |
| Cedar Park | City | 0.3600% | $1,880 |
| Austin Community College | special | 0.1034% | $540 |
| Williamson County FM/Rd | County | 0.0443% | $231 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,344 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $406,072 would pay approximately $2,535 per month (principal and interest only, excluding taxes and insurance).