501 ELM CT, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $252,576 and $564,446, with a best estimate of $381,709. 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
$381,709
$347,303
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 $252,576 and $564,446. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$11,481 for 42 sqft more living space and -$117,503 for being older. Net adjustment: -$106,022.
Adjusted +$10,387 for 38 sqft more living space and -$117,503 for being older. Net adjustment: -$107,116.
Adjusted +$11,481 for 42 sqft more living space. Net adjustment: +$11,481.
Adjusted +$73,805 for 270 sqft more living space and -$72,310 for being older. Net adjustment: +$1,495.
Adjusted -$66,151 for 242 sqft less living space and -$135,581 for being older. Net adjustment: -$201,732.
The Neighborhood
This home is valued 10.0% 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 -10.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,880 across all districts. With a homestead exemption claimed, that drops to $5,277 — saving $1,603 per year. That's $440 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% | $3,775 |
| Williamson County | County | 0.3694% | $1,283 |
| Cedar Park | City | 0.3600% | $1,250 |
| Austin Community College | special | 0.1034% | $359 |
| Williamson County FM/Rd | County | 0.0443% | $154 |
| Upper Brushy Creek WCID | Water | 0.0170% | $59 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $6,880 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $381,709 would pay approximately $2,383 per month (principal and interest only, excluding taxes and insurance).