1509 TIMBERWOOD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $424,305 and $745,789, with a best estimate of $551,326. That places the property above the L222499G - CARRIAGE HILLS median of $367,409, in a neighborhood that declined 7.2% over the past year.
Estimated Value Range
$551,326
$386,037
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 $424,305 and $745,789. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$67,297 for 273 sqft more living space. Net adjustment: +$67,297.
Adjusted +$209,533 for 850 sqft more living space. Net adjustment: +$209,533.
Adjusted +$276,830 for 1,123 sqft more living space. Net adjustment: +$276,830.
Adjusted +$24,651 for 100 sqft more living space and -$19,020 for being older and +$60,193 for having a garage. Net adjustment: +$65,824.
Adjusted +$344,127 for 1,396 sqft more living space. Net adjustment: +$344,127.
The Neighborhood
This home is valued 5.1% above the L222499G - CARRIAGE HILLS median of $367,409. With 1,265 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 7.2% over the past year.
L222499G - CARRIAGE HILLS
typicalThis home is +5.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,648 across all districts. With a homestead exemption claimed, that drops to $6,037 — saving $1,611 per year. That's $503 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% | $4,196 |
| Williamson County | County | 0.3694% | $1,426 |
| Cedar Park | City | 0.3600% | $1,390 |
| Austin Community College | special | 0.1034% | $399 |
| Williamson County FM/Rd | County | 0.0443% | $171 |
| Upper Brushy Creek WCID | Water | 0.0170% | $66 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,648 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $551,326 would pay approximately $3,441 per month (principal and interest only, excluding taxes and insurance).