1405 BROOK WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $340,769 and $546,459, with a best estimate of $494,737. 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
$494,737
$355,575
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 $340,769 and $546,459. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$12,574 for 46 sqft more living space and -$108,465 for being older. Net adjustment: -$95,891.
Adjusted +$62,051 for 227 sqft more living space and -$99,426 for being older. Net adjustment: -$37,375.
Adjusted +$168,931 for 618 sqft more living space. Net adjustment: +$168,931.
Adjusted +$91,573 for 335 sqft more living space and +$5,424 for having a garage. Net adjustment: +$96,997.
Adjusted -$31,435 for 115 sqft less living space and +$54,232 for being newer and +$5,424 for having a garage. Net adjustment: +$28,221.
The Neighborhood
This home is valued 7.9% 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 -7.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,044 across all districts. With a homestead exemption claimed, that drops to $5,439 — saving $1,605 per year. That's $453 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% | $3,865 |
| Williamson County | County | 0.3694% | $1,314 |
| Cedar Park | City | 0.3600% | $1,280 |
| Austin Community College | special | 0.1034% | $368 |
| Williamson County FM/Rd | County | 0.0443% | $158 |
| Upper Brushy Creek WCID | Water | 0.0170% | $60 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,044 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $494,737 would pay approximately $3,088 per month (principal and interest only, excluding taxes and insurance).