502 ELM CT, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $190,468 and $410,960, with a best estimate of $364,752. 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
$364,752
$342,288
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in L318589F - Buttercup Creek. The estimated range of $190,468 and $410,960 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$27,608 for 101 sqft less living space and -$54,232 for being older. Net adjustment: -$81,840.
Adjusted +$14,761 for 54 sqft more living space and -$81,349 for being older. Net adjustment: -$66,588.
Adjusted -$17,768 for 65 sqft less living space and -$36,155 for being older. Net adjustment: -$53,923.
Adjusted -$9,567 for 35 sqft less living space and -$135,581 for being older. Net adjustment: -$145,148.
Adjusted -$6,834 for 25 sqft less living space and -$72,310 for being older. Net adjustment: -$79,144.
The Neighborhood
This home is valued 11.3% 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 -11.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,781 across all districts. With a homestead exemption claimed, that drops to $5,178 — saving $1,603 per year. That's $432 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% | $3,720 |
| Williamson County | County | 0.3694% | $1,265 |
| Cedar Park | City | 0.3600% | $1,232 |
| Austin Community College | special | 0.1034% | $354 |
| Williamson County FM/Rd | County | 0.0443% | $152 |
| Upper Brushy Creek WCID | Water | 0.0170% | $58 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,781 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $364,752 would pay approximately $2,277 per month (principal and interest only, excluding taxes and insurance).