1201 RED RANCH CIR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $469,230 and $552,259, with a best estimate of $521,482. 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
$521,482
$531,553
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 $469,230 and $552,259. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$84,465 for 309 sqft less living space. Net adjustment: -$84,465.
Adjusted -$103,327 for 378 sqft less living space and +$18,077 for being newer. Net adjustment: -$85,250.
Adjusted +$40,183 for 147 sqft more living space and +$9,039 for being newer. Net adjustment: +$49,222.
Adjusted +$23,235 for 85 sqft more living space and +$18,077 for being newer. Net adjustment: +$41,312.
Adjusted -$30,342 for 111 sqft less living space. Net adjustment: -$30,342.
The Neighborhood
This home is valued 37.7% 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
above averageThis home is +37.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,530 across all districts. With a homestead exemption claimed, that drops to $8,891 — saving $1,639 per year. That's $741 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% | $5,777 |
| Williamson County | County | 0.3694% | $1,964 |
| Cedar Park | City | 0.3600% | $1,914 |
| Austin Community College | special | 0.1034% | $550 |
| Williamson County FM/Rd | County | 0.0443% | $236 |
| Upper Brushy Creek WCID | Water | 0.0170% | $90 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,530 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $521,482 would pay approximately $3,255 per month (principal and interest only, excluding taxes and insurance).