702 FOREST TRL, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $203,157 and $466,475, with a best estimate of $357,247. That places the property below the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$357,247
$356,960
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 $203,157 and $466,475. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$24,328 for 89 sqft more living space and -$27,116 for being older. Net adjustment: -$2,788.
Adjusted +$46,470 for 170 sqft more living space and -$90,387 for being older. Net adjustment: -$43,917.
Adjusted +$39,636 for 145 sqft more living space and -$27,116 for being older. Net adjustment: +$12,520.
Adjusted -$143,783 for 526 sqft less living space and -$72,310 for being older. Net adjustment: -$216,093.
Adjusted +$46,196 for 169 sqft more living space and -$90,387 for being older. Net adjustment: -$44,191.
The Neighborhood
This home is valued 7.5% below the L318589F - Buttercup Creek median of $386,028. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is -7.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,072 across all districts. With a homestead exemption claimed, that drops to $5,466 — saving $1,606 per year. That's $456 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% | $3,880 |
| Williamson County | County | 0.3694% | $1,319 |
| Cedar Park | City | 0.3600% | $1,285 |
| Austin Community College | special | 0.1034% | $369 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,072 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $357,247 would pay approximately $2,230 per month (principal and interest only, excluding taxes and insurance).