1304 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $287,343 and $556,300, with a best estimate of $319,124. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$319,124
$403,846
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $287,343 and $556,300 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$1,378 for 6 sqft more living space and -$3,723 for being older. Net adjustment: -$2,345.
Adjusted -$8,037 for 35 sqft less living space and -$13,031 for being older. Net adjustment: -$21,068.
Adjusted -$154,550 for 673 sqft less living space and -$9,308 for being older. Net adjustment: -$163,858.
Adjusted +$6,660 for 29 sqft more living space and -$11,170 for being older. Net adjustment: -$4,510.
Adjusted -$67,056 for 292 sqft less living space and -$9,308 for being older. Net adjustment: -$76,364.
The Neighborhood
This home is valued 13.5% below the L369599E - Emarald Oaks median of $467,144. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
typicalThis home is -13.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,000 across all districts. With a homestead exemption claimed, that drops to $6,386 — saving $1,614 per year. That's $532 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% | $4,389 |
| Williamson County | County | 0.3694% | $1,492 |
| Cedar Park | City | 0.3600% | $1,454 |
| Austin Community College | special | 0.1034% | $418 |
| Williamson County FM/Rd | County | 0.0443% | $179 |
| Upper Brushy Creek WCID | Water | 0.0170% | $69 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,000 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $319,124 would pay approximately $1,992 per month (principal and interest only, excluding taxes and insurance).