1101 RED BUD DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $376,269 and $832,576, with a best estimate of $513,929. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$513,929
$359,745
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 $376,269 and $832,576. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted +$22,886 for 81 sqft more living space and -$5,513 for being older. Net adjustment: +$17,373.
Adjusted -$40,120 for 142 sqft less living space and -$38,593 for being older. Net adjustment: -$78,713.
Adjusted +$33,622 for 119 sqft more living space and -$62,483 for being older. Net adjustment: -$28,861.
Adjusted +$276,322 for 978 sqft more living space and -$11,026 for being older. Net adjustment: +$265,296.
Adjusted +$219,815 for 778 sqft more living space and -$55,132 for being older. Net adjustment: +$164,683.
The Neighborhood
This home is valued 27.4% below the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
below averageThis home is -27.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,127 across all districts. With a homestead exemption claimed, that drops to $5,521 — saving $1,606 per year. That's $460 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% | $3,910 |
| Williamson County | County | 0.3694% | $1,329 |
| Cedar Park | City | 0.3600% | $1,295 |
| Austin Community College | special | 0.1034% | $372 |
| Williamson County FM/Rd | County | 0.0443% | $159 |
| Upper Brushy Creek WCID | Water | 0.0170% | $61 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $7,127 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $513,929 would pay approximately $3,208 per month (principal and interest only, excluding taxes and insurance).