601 PENNY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $287,843 and $328,297, with a best estimate of $318,561. 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
$318,561
$315,228
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L318589F - Buttercup Creek, this home's estimated market value is between $287,843 and $328,297. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$2,187 for 8 sqft more living space. Net adjustment: +$2,187.
Adjusted +$2,187 for 8 sqft more living space. Net adjustment: +$2,187.
Adjusted -$6,834 for 25 sqft less living space. Net adjustment: -$6,834.
Adjusted -$1,913 for 7 sqft less living space. Net adjustment: -$1,913.
Adjusted -$65,331 for 239 sqft less living space. Net adjustment: -$65,331.
The Neighborhood
This home is valued 18.3% 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
below averageThis home is -18.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,245 across all districts. With a homestead exemption claimed, that drops to $4,647 — saving $1,598 per year. That's $387 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% | $3,426 |
| Williamson County | County | 0.3694% | $1,165 |
| Cedar Park | City | 0.3600% | $1,135 |
| Austin Community College | special | 0.1034% | $326 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Upper Brushy Creek WCID | Water | 0.0170% | $54 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,245 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $318,561 would pay approximately $1,988 per month (principal and interest only, excluding taxes and insurance).