1600 MICHAEL ROBERT WAY, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $383,964 and $659,045, with a best estimate of $519,025. 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
$519,025
$427,050
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9, this home's estimated market value is between $383,964 and $659,045. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$102,700 for 400 sqft less living space and +$3,767 for being newer. Net adjustment: -$98,933.
Adjusted +$75,998 for 296 sqft more living space. Net adjustment: +$75,998.
Adjusted +$61,620 for 240 sqft more living space. Net adjustment: +$61,620.
Adjusted -$28,243 for 110 sqft less living space. Net adjustment: -$28,243.
Adjusted -$10,784 for 42 sqft less living space. Net adjustment: -$10,784.
The Neighborhood
This home is valued 26.2% below the L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9 median of $578,451. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.7% over the past year.
L315598D - Buttercup Creek Ph 4, Sec 3,4,6 & 9
below averageThis home is -26.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $8,460 across all districts. With a homestead exemption claimed, that drops to $6,842 — saving $1,618 per year. That's $570 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% | $4,642 |
| Williamson County | County | 0.3694% | $1,578 |
| Cedar Park | City | 0.3600% | $1,537 |
| Austin Community College | special | 0.1034% | $442 |
| Williamson County FM/Rd | County | 0.0443% | $189 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,460 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $519,025 would pay approximately $3,240 per month (principal and interest only, excluding taxes and insurance).