1118 MEADOW LARK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $419,638 and $626,515, with a best estimate of $558,876. That places the property above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$558,876
$458,527
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L334592F - OAKWOOD GLEN/CYPRESS MILL, this home's estimated market value is between $419,638 and $626,515. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$63,956 for 231 sqft more living space and -$23,640 for being older. Net adjustment: +$40,316.
Adjusted +$15,505 for 56 sqft more living space and -$29,550 for being older. Net adjustment: -$14,045.
Adjusted +$133,727 for 483 sqft more living space and -$23,640 for being older. Net adjustment: +$110,087.
Adjusted +$93,304 for 337 sqft more living space. Net adjustment: +$93,304.
Adjusted +$119,607 for 432 sqft more living space and -$17,730 for being older. Net adjustment: +$101,877.
The Neighborhood
This home is in line with the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +0.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $9,084 across all districts. With a homestead exemption claimed, that drops to $7,459 — saving $1,625 per year. That's $622 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% | $4,984 |
| Williamson County | County | 0.3694% | $1,694 |
| Cedar Park | City | 0.3600% | $1,651 |
| Austin Community College | special | 0.1034% | $474 |
| Williamson County FM/Rd | County | 0.0443% | $203 |
| Upper Brushy Creek WCID | Water | 0.0170% | $78 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,084 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $558,876 would pay approximately $3,488 per month (principal and interest only, excluding taxes and insurance).