2002 HOFFMAN CT, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $632,935 and $926,674, with a best estimate of $691,872. 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
$691,872
$730,968
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 $632,935 and $926,674 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$256,237 for 998 sqft more living space. Net adjustment: +$256,237.
Adjusted +$86,525 for 337 sqft more living space and +$3,767 for being newer. Net adjustment: +$90,292.
Adjusted +$182,036 for 709 sqft more living space and +$22,599 for being newer. Net adjustment: +$204,635.
Adjusted +$65,215 for 254 sqft more living space and +$41,432 for being newer. Net adjustment: +$106,647.
Adjusted +$180,496 for 703 sqft more living space and +$30,132 for being newer. Net adjustment: +$210,628.
The Neighborhood
This home is valued 26.4% 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
above averageThis home is +26.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,481 across all districts. With a homestead exemption claimed, that drops to $12,798 — saving $1,683 per year. That's $1,067 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% | $7,945 |
| Williamson County | County | 0.3694% | $2,701 |
| Cedar Park | City | 0.3600% | $2,631 |
| Austin Community College | special | 0.1034% | $756 |
| Williamson County FM/Rd | County | 0.0443% | $324 |
| Upper Brushy Creek WCID | Water | 0.0170% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,481 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $691,872 would pay approximately $4,319 per month (principal and interest only, excluding taxes and insurance).