1507 COLTON WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $322,243 and $587,650, with a best estimate of $361,234. That places the property below 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
$361,234
$665,558
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 $322,243 and $587,650 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$2,054 for 8 sqft more living space and +$7,533 for being newer. Net adjustment: +$9,587.
Adjusted -$203,347 for 792 sqft less living space and -$7,533 for being older. Net adjustment: -$210,880.
Adjusted +$4,878 for 19 sqft more living space and +$7,533 for being newer. Net adjustment: +$12,411.
Adjusted -$19,000 for 74 sqft less living space. Net adjustment: -$19,000.
Adjusted +$8,730 for 34 sqft more living space and +$45,198 for being newer. Net adjustment: +$53,928.
The Neighborhood
This home is valued 15.1% 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 +15.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $13,185 across all districts. With a homestead exemption claimed, that drops to $11,517 — saving $1,668 per year. That's $960 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% | $7,234 |
| Williamson County | County | 0.3694% | $2,459 |
| Cedar Park | City | 0.3600% | $2,396 |
| Austin Community College | special | 0.1034% | $688 |
| Williamson County FM/Rd | County | 0.0443% | $295 |
| Upper Brushy Creek WCID | Water | 0.0170% | $113 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $13,185 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,234 would pay approximately $2,255 per month (principal and interest only, excluding taxes and insurance).