1240 FALL CREEK LOOP, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $338,052 and $593,390, with a best estimate of $498,373. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$498,373
$597,174
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 $338,052 and $593,390. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$11,481 for 42 sqft less living space and +$18,077 for being newer. Net adjustment: +$6,596.
Adjusted +$1,093 for 4 sqft more living space and +$36,155 for being newer. Net adjustment: +$37,248.
Adjusted -$143,236 for 524 sqft less living space and +$27,116 for being newer. Net adjustment: -$116,120.
Adjusted -$91,573 for 335 sqft less living space and +$27,116 for being newer. Net adjustment: -$64,457.
Adjusted -$135,309 for 495 sqft less living space and +$27,116 for being newer. Net adjustment: -$108,193.
The Neighborhood
This home is valued 54.7% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
outlier highThis home is +54.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $11,830 across all districts. With a homestead exemption claimed, that drops to $10,177 — saving $1,653 per year. That's $848 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% | $6,491 |
| Williamson County | County | 0.3694% | $2,206 |
| Cedar Park | City | 0.3600% | $2,150 |
| Austin Community College | special | 0.1034% | $617 |
| Williamson County FM/Rd | County | 0.0443% | $265 |
| Upper Brushy Creek WCID | Water | 0.0170% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $11,830 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $498,373 would pay approximately $3,111 per month (principal and interest only, excluding taxes and insurance).