2005 HOFFMAN CT, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $545,764 and $612,327, with a best estimate of $585,433. 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
$585,433
$652,497
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9. The estimated range of $545,764 and $612,327 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$61,877 for 241 sqft less living space and +$3,767 for being newer. Net adjustment: -$58,110.
Adjusted +$23,621 for 92 sqft more living space and +$22,599 for being newer. Net adjustment: +$46,220.
Adjusted -$16,175 for 63 sqft less living space and +$37,665 for being newer. Net adjustment: +$21,490.
Adjusted +$1,284 for 5 sqft more living space and +$64,031 for being newer. Net adjustment: +$65,315.
Adjusted +$20,797 for 81 sqft more living space and +$56,498 for being newer. Net adjustment: +$77,295.
The Neighborhood
This home is valued 12.8% above the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. With 1,231 homes in the subdivision, the property sits in the upper tier. 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 +12.8% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,926 across all districts. With a homestead exemption claimed, that drops to $11,261 — saving $1,665 per year. That's $938 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% | $7,092 |
| Williamson County | County | 0.3694% | $2,411 |
| Cedar Park | City | 0.3600% | $2,349 |
| Austin Community College | special | 0.1034% | $675 |
| Williamson County FM/Rd | County | 0.0443% | $289 |
| Upper Brushy Creek WCID | Water | 0.0170% | $111 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,926 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $585,433 would pay approximately $3,654 per month (principal and interest only, excluding taxes and insurance).