1608 COLBY LN, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $354,688 and $661,938, with a best estimate of $378,335. That places the property below the L369599E - Emarald Oaks median of $467,144, in a neighborhood that declined 13.6% over the past year.
Estimated Value Range
$378,335
$548,232
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in L369599E - Emarald Oaks. The estimated range of $354,688 and $661,938 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$4,593 for 20 sqft more living space and +$1,862 for being newer. Net adjustment: +$6,455.
Adjusted +$63,152 for 275 sqft more living space and +$1,862 for being newer. Net adjustment: +$65,014.
Adjusted -$15,156 for 66 sqft less living space and -$1,862 for being older. Net adjustment: -$17,018.
Adjusted +$23,424 for 102 sqft more living space. Net adjustment: +$23,424.
Adjusted +$49,603 for 216 sqft more living space and +$9,308 for being newer. Net adjustment: +$58,911.
The Neighborhood
This home is valued 17.4% above the L369599E - Emarald Oaks median of $467,144. With 373 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 13.6% over the past year.
L369599E - Emarald Oaks
above averageThis home is +17.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,861 across all districts. With a homestead exemption claimed, that drops to $9,218 — saving $1,643 per year. That's $768 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% | $5,959 |
| Williamson County | County | 0.3694% | $2,025 |
| Cedar Park | City | 0.3600% | $1,974 |
| Austin Community College | special | 0.1034% | $567 |
| Williamson County FM/Rd | County | 0.0443% | $243 |
| Upper Brushy Creek WCID | Water | 0.0170% | $93 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $10,861 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $378,335 would pay approximately $2,362 per month (principal and interest only, excluding taxes and insurance).