1217 MEADOW LARK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $264,621 and $506,236, with a best estimate of $394,536. That places the property below the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416, in a neighborhood that declined 1.4% over the past year.
Estimated Value Range
$394,536
$524,638
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 $264,621 and $506,236. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$55,650 for 201 sqft less living space and -$5,910 for being older. Net adjustment: -$61,560.
Adjusted -$104,102 for 376 sqft less living space and -$11,820 for being older. Net adjustment: -$115,922.
Adjusted +$14,120 for 51 sqft more living space and -$5,910 for being older. Net adjustment: +$8,210.
Adjusted -$26,302 for 95 sqft less living space and +$17,730 for being newer. Net adjustment: -$8,572.
Adjusted -$148,678 for 537 sqft less living space and -$11,820 for being older. Net adjustment: -$160,498.
The Neighborhood
This home is valued 14.9% above the L334592F - OAKWOOD GLEN/CYPRESS MILL median of $456,416. With 602 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 1.4% over the past year.
L334592F - OAKWOOD GLEN/CYPRESS MILL
typicalThis home is +14.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,393 across all districts. With a homestead exemption claimed, that drops to $8,756 — saving $1,637 per year. That's $730 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% | $5,702 |
| Williamson County | County | 0.3694% | $1,938 |
| Cedar Park | City | 0.3600% | $1,889 |
| Austin Community College | special | 0.1034% | $542 |
| Williamson County FM/Rd | County | 0.0443% | $233 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,393 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $394,536 would pay approximately $2,463 per month (principal and interest only, excluding taxes and insurance).