1111 BIT LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $474,335 and $574,903, with a best estimate of $520,921. That places the property below 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
$520,921
$924,007
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9. The estimated range of $474,335 and $574,903 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$13,608 for 53 sqft less living space and -$45,198 for being older. Net adjustment: -$58,806.
Adjusted -$106,808 for 416 sqft less living space and -$30,132 for being older. Net adjustment: -$136,940.
Adjusted -$46,729 for 182 sqft less living space and -$33,899 for being older. Net adjustment: -$80,628.
Adjusted +$135,051 for 526 sqft more living space and -$3,767 for being older. Net adjustment: +$131,284.
Adjusted +$66,755 for 260 sqft more living space and +$7,533 for being newer. Net adjustment: +$74,288.
The Neighborhood
This home is valued 59.7% above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. With 1,231 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
outlier highThis home is +59.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $18,305 across all districts. With a homestead exemption claimed, that drops to $16,580 — saving $1,725 per year. That's $1,382 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% | $10,043 |
| Williamson County | County | 0.3694% | $3,414 |
| Cedar Park | City | 0.3600% | $3,326 |
| Austin Community College | special | 0.1034% | $955 |
| Williamson County FM/Rd | County | 0.0443% | $410 |
| Upper Brushy Creek WCID | Water | 0.0170% | $157 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $18,305 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $520,921 would pay approximately $3,252 per month (principal and interest only, excluding taxes and insurance).