1616 PARKE BLUFF BND, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $704,449 and $1,026,974, with a best estimate of $783,833. That places the property below the L325617A - WESTPARK-MARKS PLACE median of $1,019,977, in a neighborhood that declined 0.7% over the past year.
Estimated Value Range
$783,833
$974,668
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 $704,449 and $1,026,974. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$17,432 for 48 sqft less living space. Net adjustment: -$17,432.
Adjusted -$15,980 for 44 sqft less living space. Net adjustment: -$15,980.
Adjusted -$334,849 for 922 sqft less living space and +$10,536 for being newer. Net adjustment: -$324,313.
Adjusted -$38,134 for 105 sqft less living space. Net adjustment: -$38,134.
Adjusted -$17,069 for 47 sqft less living space and -$42,143 for being older. Net adjustment: -$59,212.
The Neighborhood
This home is valued 4.4% below the L325617A - WESTPARK-MARKS PLACE median of $1,019,977. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.
L325617A - WESTPARK-MARKS PLACE
typicalThis home is -4.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $19,309 across all districts. With a homestead exemption claimed, that drops to $17,572 — saving $1,737 per year. That's $1,464 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% | $10,594 |
| Williamson County | County | 0.3694% | $3,601 |
| Cedar Park | City | 0.3600% | $3,509 |
| Austin Community College | special | 0.1034% | $1,008 |
| Williamson County FM/Rd | County | 0.0443% | $432 |
| Upper Brushy Creek WCID | Water | 0.0170% | $166 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $19,309 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $783,833 would pay approximately $4,893 per month (principal and interest only, excluding taxes and insurance).