1501 FALL CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $551,951 and $730,913, with a best estimate of $583,819. That places the property above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451, in a neighborhood that declined 8.7% over the past year.
Estimated Value Range
$583,819
$527,112
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $551,951 and $730,913. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$79,593 for 310 sqft less living space and -$3,767 for being older. Net adjustment: -$83,360.
Adjusted +$42,621 for 166 sqft more living space and +$15,066 for being newer. Net adjustment: +$57,687.
Adjusted +$52,377 for 204 sqft more living space and -$3,767 for being older. Net adjustment: +$48,610.
Adjusted +$75,742 for 295 sqft more living space and +$30,132 for being newer. Net adjustment: +$105,874.
Adjusted -$770 for 3 sqft less living space and +$15,066 for being newer. Net adjustment: +$14,296.
The Neighborhood
This home is valued 8.9% below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
typicalThis home is -8.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $10,442 across all districts. With a homestead exemption claimed, that drops to $8,804 — saving $1,638 per year. That's $734 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% | $5,729 |
| Williamson County | County | 0.3694% | $1,947 |
| Cedar Park | City | 0.3600% | $1,898 |
| Austin Community College | special | 0.1034% | $545 |
| Williamson County FM/Rd | County | 0.0443% | $234 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,442 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $583,819 would pay approximately $3,644 per month (principal and interest only, excluding taxes and insurance).