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1215 PEYTON PL, CEDAR PARK, TX 78613

CEDAR PARK, 78613 — williamson County

4 bed2 bath1,333 sqftBuilt 2005

Property at a Glance

This home is estimated between $206,654 and $533,474, with a best estimate of $501,287. That places the property above the L531401G - Forest Oaks - PUD - Milburn median of $372,512, in a neighborhood that declined 5.6% over the past year.

Estimated Value Range

$206,654 $533,474
Best Estimate
$501,287
WCAD Value
$422,084
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in L531401G - Forest Oaks - PUD - Milburn, this home's estimated market value is between $206,654 and $533,474. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

1108 PEYTON PL, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,742 sqft Built 2004
Raw Value $370,906
Adjusted Value $206,654

Adjusted -$169,129 for 409 sqft less living space and +$4,877 for being newer. Net adjustment: -$164,252.

1202 PEYTON PL, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,701 sqft Built 2004
Raw Value $367,934
Adjusted Value $220,636

Adjusted -$152,175 for 368 sqft less living space and +$4,877 for being newer. Net adjustment: -$147,298.

1210 PEYTON PL, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,026 sqft Built 2004
Raw Value $369,460
Adjusted Value $501,287

Adjusted +$126,950 for 307 sqft more living space and +$4,877 for being newer. Net adjustment: +$131,827.

1102 PEYTON PL, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,097 sqft Built 2004
Raw Value $431,007
Adjusted Value $533,474

Adjusted +$97,590 for 236 sqft more living space and +$4,877 for being newer. Net adjustment: +$102,467.

1225 PEYTON PL, CEDAR PARK, TX 78613
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,083 sqft Built 2005
Raw Value $426,484
Adjusted Value $529,864

Adjusted +$103,380 for 250 sqft more living space. Net adjustment: +$103,380.

The Neighborhood

This home is valued 13.3% above the L531401G - Forest Oaks - PUD - Milburn median of $372,512. With 349 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.

L531401G - Forest Oaks - PUD - Milburn

typical
349 Properties
$372,512 Median Value
-5.6% YoY Change
5% Have Pool
89% Have Garage
This Home
$422,084
Median
$372,512

This home is +13.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,362 across all districts. With a homestead exemption claimed, that drops to $6,744 — saving $1,618 per year. That's $562 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

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$4,588
Williamson CountyCounty0.3694%$1,559
Cedar ParkCity0.3600%$1,520
Austin Community Collegespecial0.1034%$436
Williamson County FM/RdCounty0.0443%$187
Upper Brushy Creek WCIDWater0.0170%$72
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.9811%$8,362

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $501,287 would pay approximately $3,129 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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