1502 FALL CREEK DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $560,947 and $824,446, with a best estimate of $717,369. 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
$717,369
$488,125
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 $560,947 and $824,446. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$53,404 for 208 sqft more living space and +$7,533 for being newer. Net adjustment: +$60,937.
Adjusted +$13,094 for 51 sqft more living space and -$7,533 for being older. Net adjustment: +$5,561.
Adjusted +$165,348 for 644 sqft more living space and +$7,533 for being newer. Net adjustment: +$172,881.
Adjusted +$251,102 for 978 sqft more living space and -$3,767 for being older. Net adjustment: +$247,335.
Adjusted +$137,362 for 535 sqft more living space and +$7,533 for being newer. Net adjustment: +$144,895.
The Neighborhood
This home is valued 15.6% 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 -15.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $9,670 across all districts. With a homestead exemption claimed, that drops to $8,040 — saving $1,630 per year. That's $670 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% | $5,305 |
| Williamson County | County | 0.3694% | $1,803 |
| Cedar Park | City | 0.3600% | $1,757 |
| Austin Community College | special | 0.1034% | $505 |
| Williamson County FM/Rd | County | 0.0443% | $216 |
| Upper Brushy Creek WCID | Water | 0.0170% | $83 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $9,670 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $717,369 would pay approximately $4,478 per month (principal and interest only, excluding taxes and insurance).