104 MERTZ LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $198,751 and $555,838, with a best estimate of $540,977. That places the property above the L531401G - Forest Oaks - PUD - Milburn median of $372,512, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$540,977
$397,697
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L531401G - Forest Oaks - PUD - Milburn, this home's estimated market value is between $198,751 and $555,838. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$146,799 for 355 sqft more living space. Net adjustment: +$146,799.
Adjusted +$114,958 for 278 sqft more living space. Net adjustment: +$114,958.
Adjusted +$127,364 for 308 sqft more living space. Net adjustment: +$127,364.
Adjusted +$146,799 for 355 sqft more living space and +$14,630 for being newer. Net adjustment: +$161,429.
Adjusted -$167,475 for 405 sqft less living space and +$14,630 for being newer. Net adjustment: -$152,845.
The Neighborhood
This home is valued 6.8% above the L531401G - Forest Oaks - PUD - Milburn median of $372,512. With 349 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.
L531401G - Forest Oaks - PUD - Milburn
typicalThis home is +6.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,879 across all districts. With a homestead exemption claimed, that drops to $6,266 — saving $1,613 per year. That's $522 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% | $4,323 |
| Williamson County | County | 0.3694% | $1,469 |
| Cedar Park | City | 0.3600% | $1,432 |
| Austin Community College | special | 0.1034% | $411 |
| Williamson County FM/Rd | County | 0.0443% | $176 |
| Upper Brushy Creek WCID | Water | 0.0170% | $68 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,879 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $540,977 would pay approximately $3,377 per month (principal and interest only, excluding taxes and insurance).