1416 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $321,918 and $667,328, with a best estimate of $530,468. That places the property above the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$530,468
$614,142
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 $321,918 and $667,328 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$136,867 for 596 sqft less living space and -$3,723 for being older. Net adjustment: -$140,590.
Adjusted -$36,972 for 161 sqft less living space and -$1,862 for being older. Net adjustment: -$38,834.
Adjusted +$24,342 for 106 sqft more living space and -$5,585 for being older. Net adjustment: +$18,757.
Adjusted -$10,564 for 46 sqft less living space and -$5,585 for being older. Net adjustment: -$16,149.
Adjusted +$46,388 for 202 sqft more living space and -$5,585 for being older. Net adjustment: +$40,803.
The Neighborhood
This home is valued 31.5% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
above averageThis home is +31.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,167 across all districts. With a homestead exemption claimed, that drops to $10,509 — saving $1,658 per year. That's $876 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% | $6,675 |
| Williamson County | County | 0.3694% | $2,269 |
| Cedar Park | City | 0.3600% | $2,211 |
| Austin Community College | special | 0.1034% | $635 |
| Williamson County FM/Rd | County | 0.0443% | $272 |
| Upper Brushy Creek WCID | Water | 0.0170% | $104 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,167 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $530,468 would pay approximately $3,311 per month (principal and interest only, excluding taxes and insurance).