1512 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $416,230 and $725,166, with a best estimate of $490,133. 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
$490,133
$496,028
Based on 5 comparable properties(4 in the same subdivision)
Based on 5 comparable properties (4 in the same subdivision, 1 nearby), the estimated range is $416,230 and $725,166. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$102,957 for 401 sqft less living space and -$37,665 for being older. Net adjustment: -$140,622.
Adjusted +$34,661 for 135 sqft more living space and -$7,533 for being older. Net adjustment: +$27,128.
Adjusted +$174,077 for 678 sqft more living space and -$7,533 for being older. Net adjustment: +$166,544.
Adjusted +$22,594 for 88 sqft more living space and +$3,767 for being newer. Net adjustment: +$26,361.
Adjusted -$156,875 for 611 sqft less living space and -$48,965 for being older. Net adjustment: -$205,840.
The Neighborhood
This home is valued 14.2% 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 -14.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,827 across all districts. With a homestead exemption claimed, that drops to $8,195 — saving $1,632 per year. That's $683 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% | $5,391 |
| Williamson County | County | 0.3694% | $1,833 |
| Cedar Park | City | 0.3600% | $1,786 |
| Austin Community College | special | 0.1034% | $513 |
| Williamson County FM/Rd | County | 0.0443% | $220 |
| Upper Brushy Creek WCID | Water | 0.0170% | $84 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,827 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $490,133 would pay approximately $3,059 per month (principal and interest only, excluding taxes and insurance).