701 FOREST TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $206,438 and $469,755, with a best estimate of $360,527. 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
$360,527
$348,178
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 $206,438 and $469,755. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$27,608 for 101 sqft more living space and -$27,116 for being older. Net adjustment: +$492.
Adjusted +$49,750 for 182 sqft more living space and -$90,387 for being older. Net adjustment: -$40,637.
Adjusted +$42,916 for 157 sqft more living space and -$27,116 for being older. Net adjustment: +$15,800.
Adjusted -$140,502 for 514 sqft less living space and -$72,310 for being older. Net adjustment: -$212,812.
Adjusted +$49,477 for 181 sqft more living space and -$90,387 for being older. Net adjustment: -$40,910.
The Neighborhood
This home is valued 9.8% 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 -9.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,898 across all districts. With a homestead exemption claimed, that drops to $5,294 — saving $1,604 per year. That's $441 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% | $3,784 |
| Williamson County | County | 0.3694% | $1,286 |
| Cedar Park | City | 0.3600% | $1,253 |
| Austin Community College | special | 0.1034% | $360 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,898 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $360,527 would pay approximately $2,250 per month (principal and interest only, excluding taxes and insurance).