408 TRAILRIDGE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $465,505 and $830,760, with a best estimate of $494,639. That places the property below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466, in a neighborhood that declined 4.3% over the past year.
Estimated Value Range
$494,639
$523,066
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L526504D - FOREST OAKS SEC 12 & 14, this home's estimated market value is between $465,505 and $830,760. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$86,516 for 273 sqft less living space and -$8,346 for being older. Net adjustment: -$94,862.
Adjusted +$151,483 for 478 sqft more living space. Net adjustment: +$151,483.
Adjusted +$2,535 for 8 sqft more living space and -$8,346 for being older. Net adjustment: -$5,811.
Adjusted -$169,863 for 536 sqft less living space. Net adjustment: -$169,863.
Adjusted +$37,712 for 119 sqft more living space and -$8,346 for being older. Net adjustment: +$29,366.
The Neighborhood
This home is valued 12.2% below the L526504D - FOREST OAKS SEC 12 & 14 median of $595,466. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 4.3% over the past year.
L526504D - FOREST OAKS SEC 12 & 14
typicalThis home is -12.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,362 across all districts. With a homestead exemption claimed, that drops to $8,725 — saving $1,637 per year. That's $727 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% | $5,685 |
| Williamson County | County | 0.3694% | $1,932 |
| Cedar Park | City | 0.3600% | $1,883 |
| Austin Community College | special | 0.1034% | $541 |
| Williamson County FM/Rd | County | 0.0443% | $232 |
| Upper Brushy Creek WCID | Water | 0.0170% | $89 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,362 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $494,639 would pay approximately $3,088 per month (principal and interest only, excluding taxes and insurance).