1503 DROP TINE DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $318,124 and $761,667, with a best estimate of $643,446. That places the property above the L318589F - Buttercup Creek median of $386,028, in a neighborhood that declined 2.8% over the past year.
Estimated Value Range
$643,446
$431,970
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 $318,124 and $761,667. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$125,195 for 458 sqft more living space and +$9,039 for being newer. Net adjustment: +$134,234.
Adjusted +$228,521 for 836 sqft more living space and -$9,039 for being older. Net adjustment: +$219,482.
Adjusted +$136,675 for 500 sqft more living space. Net adjustment: +$136,675.
Adjusted +$154,990 for 567 sqft more living space. Net adjustment: +$154,990.
Adjusted -$206,107 for 754 sqft less living space. Net adjustment: -$206,107.
The Neighborhood
This home is valued 11.9% above the L318589F - Buttercup Creek median of $386,028. With 1,904 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 2.8% over the past year.
L318589F - Buttercup Creek
typicalThis home is +11.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,558 across all districts. With a homestead exemption claimed, that drops to $6,938 — saving $1,620 per year. That's $578 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% | $4,695 |
| Williamson County | County | 0.3694% | $1,596 |
| Cedar Park | City | 0.3600% | $1,555 |
| Austin Community College | special | 0.1034% | $447 |
| Williamson County FM/Rd | County | 0.0443% | $191 |
| Upper Brushy Creek WCID | Water | 0.0170% | $73 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $8,558 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $643,446 would pay approximately $4,016 per month (principal and interest only, excluding taxes and insurance).