500 ELM CT, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $307,500 and $391,637, with a best estimate of $344,177. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$344,177
$340,952
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L318589F - Buttercup Creek. The estimated range of $307,500 and $391,637 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$24,328 for 89 sqft less living space and +$27,116 for being newer. Net adjustment: +$2,788.
Adjusted -$32,529 for 119 sqft less living space and -$9,039 for being older. Net adjustment: -$41,568.
Adjusted -$9,567 for 35 sqft less living space and +$36,155 for being newer. Net adjustment: +$26,588.
Adjusted -$34,169 for 125 sqft less living space and +$27,116 for being newer. Net adjustment: -$7,053.
Adjusted +$23,782 for 87 sqft more living space and +$36,155 for being newer and +$5,424 for having a garage. Net adjustment: +$65,361.
The Neighborhood
This home is valued 11.7% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is -11.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,755 across all districts. With a homestead exemption claimed, that drops to $5,152 — saving $1,603 per year. That's $429 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% | $3,706 |
| Williamson County | County | 0.3694% | $1,260 |
| Cedar Park | City | 0.3600% | $1,227 |
| Austin Community College | special | 0.1034% | $353 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,755 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $344,177 would pay approximately $2,148 per month (principal and interest only, excluding taxes and insurance).