1612 ELKINS LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $712,728 and $1,077,138, with a best estimate of $718,802. 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
$718,802
$615,775
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $712,728 and $1,077,138. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$119,132 for 464 sqft more living space and +$37,665 for being newer. Net adjustment: +$156,797.
Adjusted +$204,630 for 797 sqft more living space and +$30,132 for being newer. Net adjustment: +$234,762.
Adjusted +$99,363 for 387 sqft more living space and -$11,300 for being older. Net adjustment: +$88,063.
Adjusted +$42,364 for 165 sqft more living space and -$33,899 for being older. Net adjustment: +$8,465.
Adjusted +$24,648 for 96 sqft more living space and -$41,432 for being older. Net adjustment: -$16,784.
The Neighborhood
This home is valued 6.5% 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 +6.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $12,199 across all districts. With a homestead exemption claimed, that drops to $10,541 — saving $1,658 per year. That's $878 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% | $6,693 |
| Williamson County | County | 0.3694% | $2,275 |
| Cedar Park | City | 0.3600% | $2,217 |
| Austin Community College | special | 0.1034% | $637 |
| Williamson County FM/Rd | County | 0.0443% | $273 |
| Upper Brushy Creek WCID | Water | 0.0170% | $105 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $12,199 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $718,802 would pay approximately $4,487 per month (principal and interest only, excluding taxes and insurance).