1610 MICHAEL ROBERT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $417,855 and $692,936, with a best estimate of $552,917. 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
$552,917
$444,901
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9, this home's estimated market value is between $417,855 and $692,936. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$68,809 for 268 sqft less living space and +$3,767 for being newer. Net adjustment: -$65,042.
Adjusted +$109,889 for 428 sqft more living space. Net adjustment: +$109,889.
Adjusted +$95,511 for 372 sqft more living space. Net adjustment: +$95,511.
Adjusted +$5,649 for 22 sqft more living space. Net adjustment: +$5,649.
Adjusted +$23,108 for 90 sqft more living space. Net adjustment: +$23,108.
The Neighborhood
This home is valued 23.1% 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
below averageThis home is -23.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,814 across all districts. With a homestead exemption claimed, that drops to $7,192 — saving $1,622 per year. That's $599 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% | $4,836 |
| Williamson County | County | 0.3694% | $1,644 |
| Cedar Park | City | 0.3600% | $1,602 |
| Austin Community College | special | 0.1034% | $460 |
| Williamson County FM/Rd | County | 0.0443% | $197 |
| Upper Brushy Creek WCID | Water | 0.0170% | $76 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,814 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $552,917 would pay approximately $3,451 per month (principal and interest only, excluding taxes and insurance).