1318 DINER DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $367,934 and $569,382, with a best estimate of $384,999. 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
$384,999
$367,934
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 $367,934 and $569,382. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$152,175 for 368 sqft more living space and -$4,877 for being older. Net adjustment: +$147,298.
Adjusted +$6,616 for 16 sqft more living space. Net adjustment: +$6,616.
Adjusted +$112,064 for 271 sqft more living space. Net adjustment: +$112,064.
This comparable closely matches the subject property's features.
Adjusted +$26,879 for 65 sqft more living space and +$4,877 for being newer. Net adjustment: +$31,756.
The Neighborhood
This home is valued 1.2% below the L531401G - Forest Oaks - PUD - Milburn median of $372,512. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.6% over the past year.
L531401G - Forest Oaks - PUD - Milburn
typicalThis home is -1.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,289 across all districts. With a homestead exemption claimed, that drops to $5,681 — saving $1,608 per year. That's $473 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% | $3,999 |
| Williamson County | County | 0.3694% | $1,359 |
| Cedar Park | City | 0.3600% | $1,325 |
| Austin Community College | special | 0.1034% | $380 |
| Williamson County FM/Rd | County | 0.0443% | $163 |
| Upper Brushy Creek WCID | Water | 0.0170% | $63 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,289 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $384,999 would pay approximately $2,403 per month (principal and interest only, excluding taxes and insurance).